For a long time, work for X Money has been going on and Musk’s company has received a payment license in many states. Since Trump came to office, crypto currency regulations began to mature X Money The probability of covering crypto currencies of the product has also increased. Musk had stopped from this option due to legal problems.
X Money and Crypto Coins
Yet Elon Musk Before purchasing the platform, we talked about the “X” domain name and “Application of Everything”. After Twitter was purchased, the Plan X was commissioned. For now, the company’s only domain and company name X will see a complete transformation in the near future.
X CEO Linda Yaccarino announced that the platform will soon start investment and trade services for the application. According to FT’nin users will be able to buy and sell on the platform. At the same time, an X -branded debit card will be launched.
“You will be able to come to X and do all your financial transactions via the platform. This means that I can pay the money of the pizza we shared last night, to invest or to buy and sell. This is the future.” – Linda Yaccarino
X Money, which has been launched in May, can be experienced by a limited number of users.
Will there be crypto coins?
Elon Musk, Dogcoin $0.168928He shared it for the first time on April 2, 2019 and said that his favorite crypto currency was Dogge. In fact, the government gave this abbreviation to the productivity department. In the intervening years, many events experienced and Musk’s shares were usually upset when investors were happy.
Musk has not been interested in crypto currencies for a long time and made his last sharing about Dogge last year. Before putting a distance to crypto currencies, he mentioned that crypto money payments on the X platform would not be possible due to legal difficulties.
However, these legal difficulties have been overcome and the first law, especially for stablecoins Genius He received approval from the Senate. Besides Selection Crypto -friendly team came to change the management. This team has started to activate many banks and financial institutions because of the absurdity to sue to everyone who does crypto work in the USA.
If Elon Musk integrates crypto currencies into the platform, he can earn money and still BTC The fact that he is holding shows that he was not broken from the crypto. For now, crypto is not mentioned for trade and payment services, but it is possible to activate them in the future.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
