Wyoming Token Chief Criticized for Ethereum Bias Against Cardano

• Anthony Apollo excluded Cardano from the Wyoming Stablecoin project.
• Apollo thinks Cardano is not decentralized.
• Cardano satisfied four of the five requirements from the commission.

Cardano founder Charles Hoskinson has called out Anthony Apollo’s Ethereum bias. Apollo, the Director of the Wyoming Stable Token Commission, previously worked at ConsenSys, an Ethereum-focused software company.

This has led Hoskinson to suggest that Apollo’s decision to exclude Cardano, XRP, ICP, Bitcoin, and Hashgraph from the Wyoming stablecoin project stems from a predisposition towards Ethereum.

In a post on X, Hoskinson highlighted a portion of the hearing where Apollo defended the commission’s decision. Apollo admitted that Cardano is based in Wyoming but claimed it is not decentralized. He said Input Output Global (IOG) runs Cardano.

Anthony Apollo’s Ethereum Ties Fuel Cardano Exclusion Controversy

During the state hearing , Apollo said he had several meetings with Hoskinson and the former Cardano executive team. He also held multiple meetings with the Cardano blockchain governor affairs representative and XSY, the team behind Cardano’s stablecoin startup.

Read also: Hoskinson Accuses Wyoming Stablecoin Team of Bias Toward Ethereum

Apollo claimed the meetings were to find ways to work with Cardano by assessing whether the blockchain had the necessary capabilities. According to the commission’s spokesperson, Cardano met four of the five binary criteria but lacked existing and demonstrable technology, as one of the blockchain’s solutions was still in testnet.

Community Reaction

In the meantime, Apollo’s comment about Cardano’s lack of decentralization sparked responses from the crypto community. Many believe Apollo misunderstands the blockchain’s structure. One responder noted that ADA holders on-chain and SPOs govern Cardano’s processes, not Charles Hoskinson or the IOG, as Apollo suggested.

Meanwhile, Hoskinson remained unhappy with the commission’s decision to exclude Cardano and other blockchains. His comments suggest IOG could take legal action.