Trump claims cryptocurrency 'not to be money'

Trump claims cryptocurrency 'not to be money': Through a tweet Donald Trump has conveyed his distrust for cryptocurrency. He has tweeted that, 'I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.” Not only has he claimed cryptocurrency “not money' but he also has warned them, who are wishing to join the trade. They would have to abide by banking regulations. He has also added that cryptocurrency, whose electronic nature makes it nearly untraceable, could facilitate illegal activity.

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