Elon Musk’s X platform has removed crypto hashtag emojis that had been on the social media site for more than four years.
The emojis were reportedly removed on July 25, among which were the widely recognized Bitcoin (BTC) symbol and the emoji representing BNB.
The removal of these emojis has not gone unnoticed. Prominent figures within crypto have expressed their disappointment and confusion over this decision, with some even speculating that this could harm Bitcoin’s market value.
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Jack Dorsey, co-founder of X, had originally introduced the Bitcoin emoji in February 2020.
The crypto community continues to seek clarity on the reasons behind the removal of these emojis. As users and advocates speculate and react, the broader implications of this decision remain to be seen.
The removal coincides with the Bitcoin Conference in Nashville, Tennessee, which began on July 25. The conference is a significant event in the crypto world, featuring notable speakers, including Republican presidential nominee Donald Trump.
In other news, X has recently been targeted by the European Commission for allegedly violating the Digital Services Act.
The allegations stem from an investigation that raised concerns over the platform’s content moderation, use of generative artificial intelligence (AI), data provision to researchers, and transparency in advertising practices.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
