Cardano founder Charles Hoskinson spoke in a livestream about the disagreements with the Cardano Foundation and the strategic priorities for 2025. He emphasized that the main problem is the foundation’s governance structure, which is not accountable to the Cardano community. 
Hoskinson claimed that after the intervention of the Swiss financial regulator, the country’s government has effectively appointed a new board of directors and has de facto control over the Cardano Foundation. 
For 2025, he emphasized the adoption of a community-approved constitution and the creation of an annual on-chain budget. Hoskinson also announced Cardano’s future plans, including Bitcoin integration, improvements to the Lace wallet, and the launch of the Midnight sidechain, which he said will be the biggest economic event in the history of the Cardano ecosystem.

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