TechFlow news, December 18 — According to Cryptoslate, Charles Hoskinson, founder of Cardano, called on the Cardano Foundation via social media to relocate from Switzerland and move toward a jurisdiction that supports community-elected board members. He suggested relocating the foundation to places like Abu Dhabi or the state of Wyoming, which support more inclusive governance models.
Hoskinson criticized the current model under which board members are appointed by the Swiss government, saying it lacks community participation. The Cardano Foundation, established in 2016 and governed by Swiss law, currently cannot implement community-based board elections. While the foundation has stated it will increase operational transparency through a series of X Spaces events, community demands for governance reform continue.
