Cardano founder Charles Hoskinson has criticized the Wyoming Stable Token Commission for excluding Cardano and its Midnight project from the shortlist of blockchains for the state's official stablecoin development. Wyoming, known for its crypto-friendly regulations, has been actively working on its own stablecoin, the Wyoming Stable Token, and has selected blockchains like Solana, Avalanche, Stellar, Ethereum, and others for the project. Hoskinson raised concerns about the transparency and fairness of the selection process, suggesting potential litigation and warning of possible political consequences. The exclusion of Cardano has sparked questions about the objectivity of the process.



Other News from Today