Recently, claims have gone viral on social media platforms, particularly among the XRP community, claiming that Chinese President Xi Jinping announced China’s intent to legalize XRP and acquire $40 billion worth of it for a national crypto reserve.
But is there any factual basis for this sweeping assertion?
Who Made this Claim?
The rumor originated from posts by crypto enthusiasts like Shibo on X, asserting that Xi Jinping made an official declaration about legalizing XRP and making a massive strategic purchase.
However, these tweets lacked direct citations of any official Chinese government communication or credible news reports.
Fact Check: What Does Evidence Show?
No Official Confirmation or Announcement:
At present, no statement from President…
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