Elon Musk denies ever discussing crypto with Donald Trump
American billionaire Elon Musk has denied reports that he discussed crypto policies with former President Donald Trump. However, he still maintains his stance in favor of cryptocurrency, saying it has the potential to “transfer power from the government to the people.”
According to Bloomberg, Tesla CEO Elon Musk advised former US President Trump on cryptocurrency and discussed letting the billionaire speak at the upcoming Republican National Convention.
However, in a response from Elon Musk on platform X, Elon Musk denied the above information. He asserted that he never discussed cryptocurrency with Trump, but maintained that crypto could transfer power from the government to the people in the future.
Not stopping there, the Wall Street Journal news agency also confirmed that Donald Trump is considering appointing Elon Musk to an advisory role if he wins back the White House in this November's election.
The above information was revealed just a few days before Mr. Trump was charged with 34 counts of concealing information during the 2016 race for the White House, becoming the first former US President in history to be prosecuted and convicted. .
Trump has previously voiced skepticism about cryptocurrencies but he appears to be changing his stance. As reported by Coin68, the former President seems to be making cryptocurrency a key topic to attract voters through many statements supporting the cryptocurrency industry.
And Elon Musk is a billionaire who has long been known to have an open attitude towards crypto, through moves such as allowing Tesla company to invest in BTC and accept Bitcoin payments (and then reverse), accepting payments Dogecoin math and many statements promoting cryptocurrency on the social network X (Twitter) that he owns.
Meanwhile, the Joe Biden administration is also reaching out to the cryptocurrency community for its re-election campaign, most notably with the SEC officially approving the Ethereum spot ETF.
