Tesla, SpaceX, and X (formerly Twitter) owner Elon Musk recently addressed the topic of cryptocurrency during a public appearance, offering his thoughts on its broader societal impact. Musk's remarks came in response to a question about XRP's future in financial institutions, particularly in light of recent regulatory crackdowns by the U.S. Securities and Exchange Commission (SEC).
While the question specifically focused on XRP and its potential integration into financial systems, Musk skillfully avoided any direct comment on the token.
In his response, Musk decided to avoid either supporting or criticizing Ripple and its XRP and turned the discourse into a general dialogue about cryptocurrency's importance. "I can't talk about any particular crypto," Musk said, avoiding mentioning XRP by name.
The post "Elon Musk Weighs in on Cryptocurrency, Sidesteps XRP Endorsement" first appeared on 36crypto.com News.
