Public 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.