Charles Hoskinson, the founder of Cardano (ADA), has voiced his surprise and frustration upon discovering that ADA had made it onto President Donald Trump’s proposed U.S. national crypto reserve — without consultation.

Indeed, given that Cardano was selected for the initiative it was a surprise that Hoskinson was excluded from the forthcoming White House Crypto Summit being held on March 7.

Hoskinson “knew nothing about it”

Hoskinson said he was not consulted until the official announcement that Cardano’s ADA would be included in the proposed reserve and woke up on March 2 to congratulatory messages but had “no idea what the heck was going on.”

He further explained that never even came up, nobody even talked to us about and "we never even knew about it,” he wrote on social media, saying that past attempts to participate in discussions around such plans have been met with standard responses such as “‘We’ll call you back,’ or ‘We’ll figure it out.’

Crypto reserve sparks debate

Former U.S. President Donald Trump officially proposed a U.S. cryptocurrency reserve on March 2, adding Bitcoin (BTC) and Ether (ETH) to the list of clear choices to include as part of the reserve.

However, some assets coming under scrutiny, such as XRP (XRP), Solana (SOL), and Cardano (ADA), left the crypto community surprised.

The proposal has triggered debate, with some analysts arguing that altcoin inclusion suggests a U.S. government playing a long game with regulation, departing from the traditional Bitcoin-first institutional push.

As a new development to the ongoing discussions, JP Morgan analysts told TheBlock that a strategic U.S. crypto reserve is unlikely.

Analysts further believe that XRP, SOL, and ADA are difficult to include due to risk and volatility concerns.

This statement from the bank reiterated skepticism over the broader adoption of alternative tokens into government reserves and confirmed, that if expansion of government reserves onto the blockchain does occur, it will most probably only include BTC and ETH.