Prime Minister Takaichi stresses no ties to ‘SANAE TOKEN’… “I have never given any approval”

Bloomingbit Newsroom

Summary

Japanese Prime Minister Sanae Takaichi said she has no connection to the virtual asset ‘SANAE TOKEN’, which bears the same name as hers.
Prime Minister Takaichi said she knows nothing about the token and has never given any approval related to it.
SANAE TOKEN is reported to have risen about 30-fold from its initial price since its launch on the 25th of last month.

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Japanese Prime Minister Sanae Takaichi said she has no connection to the virtual asset (cryptocurrency) ‘SANAE TOKEN,’ which bears the same name as hers.

On the 2nd, Prime Minister Takaichi posted on X (formerly Twitter), saying, “I heard that a cryptocurrency called SANAE TOKEN has been issued and is being traded by some,” adding, “It seems there are various misunderstandings because of the name, but I know nothing about the token, and my office has not received any information about it either.”

She continued, “I have never given any approval in connection with this matter,” and added, “I am stating this position to prevent the public from being misled.”

According to local reports, SANAE TOKEN is a virtual-asset project that began through a YouTube channel run by an entrepreneur. It was also reported that the official website posted a notice stating it has no direct connection to Prime Minister Takaichi.

Still, confusion arose online as it uses the same name as the prime minister. SANAE TOKEN is said to have surged about 30-fold from its initial price since its launch on the 25th of last month.

XRP