Main reason for any delay in X Money's NY launch by end of 2025?
Regulatory issues • 25%
Technical challenges • 25%
Market strategy changes • 25%
Other • 25%
Official announcements from X Money or New York financial regulatory bodies
Elon Musk to Launch X Money in 2025, Integrating Bitcoin, Dogecoin, and XRP, Amid Licensing Hurdles in New York
Jan 1, 2025, 03:00 PM
Elon Musk is set to launch X Money in 2025, an initiative that aims to merge social media and digital payments, potentially integrating cryptocurrencies such as Bitcoin, Dogecoin, and XRP. With over a billion users on the platform, X Money is positioned to rival China's WeChat by offering a comprehensive 'everything app' experience. While X Payments LLC has secured permissions in 33 states, it faces licensing hurdles, particularly in New York. The integration of cryptocurrencies into this platform could significantly impact the digital payments landscape.
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Community opposition • 25%
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Market demand • 25%
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Infrastructure Issues • 33%
Community Opposition • 34%
Legal challenges • 25%
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Technical issues • 25%
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More than 60 days delay • 25%
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Dogecoin • 25%
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XRP • 25%