On January 19th, a noticeable presence of "X Payments" was observed on a social media platform, indicating Elon Musk's ongoing efforts to secure money transmitter licenses throughout the United States.
This move appears to be in line with Musk's ambitious plans for X, especially following his significant $44 billion acquisition in 2022. He envisions X as a key player in the global financial sector.
Despite no official confirmation, experts in the cryptocurrency field suggest that digital assets might be a part of these strategies. However, Musk has emphasized a greater focus on fiat currency transactions in terms of technical development.
X has been proactive in obtaining numerous money-transmitter licenses, with successes in several states, including Utah. Musk's influential social media enterprise has also collaborated with
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First found on: Elon Musk's X Appears to Launch Specialized Payments Portal
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