Michael Saylor retweeted "Trump's stance on cryptocurrency taxation" as false news
On October 31st, Michael Saylor, the CEO of MicroStrategy, shared false information about Trump's cryptocurrency policy with his 3.6 million followers on social platform X. The statement claimed that Trump supports the abolition of cryptocurrency taxation and stated that "Bitcoin is currency."
After investigation, this false information originated from a post by social account Basedkarbon on October 28th. The message was subsequently shared by several well-known cryptocurrency social accounts, including Kraken and Bitcoin Archive. Trump did propose the idea of canceling federal income tax during a recent interview with Joe Rogan, but did not discuss digital assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stablecoins to Compete with Credit and Debit Cards
Plume Network Partners with SkyLink to Unlock Cross-Chain RWA Yield, Spanning 16 Networks Including Solana, Movement, and Injective
Plume Network achieves cross-chain interoperability via SkyLink, providing users with seamless RWA revenue transfer and multi-chain ecosystem support.
Crypto Whales Control 94% of Trump Family Tokens, Chainalysis Reports
UAE SCA Drafts New Regulations for Security Tokens and Robo-Advisors
Trending news
MoreCrypto prices
More
