“The matter was escalated to Twitter and the account has been instantly secured,” the Indian PM’s workplace stated in a tweet on Sunday.
“Within the transient interval that the account was compromised, any Tweet shared have to be ignored,” officers added.
The screenshot learn: “India has formally accepted bitcoin as authorized tender. The federal government has formally purchased 500 BTC” and could be “distributing them to all residents of the nation.”
That tweet has since been deleted. Together with the tweet, a potential rip-off hyperlink was additionally hooked up.
Modi has greater than 70 million followers on Twitter — among the many most of any world chief.
India doesn’t acknowledge Bitcoin as authorized tender.
That language leaves a number of room for interpretation. The invoice did not specify what is supposed by “non-public” cryptocurrencies, so it isn’t clear whether or not that applies to the world’s most closely traded cash, together with bitcoin and ethereum. India’s finance ministry didn’t reply to questions from CNN Enterprise in regards to the invoice final month. It has but to be introduced within the present parliamentary session.
— Diksha Madhok contributed to this report.