Elon Musk has revealed plans for X to launch in-app payment services by mid-2024 during a conversation with Cathie Wood of ARK Invest. Musk mentioned that the timeline is subject to approval for various money transmitter licenses, indicating the platform’s expansion into payment services. However, the prospects of cryptocurrency integration into X’s payment services remain uncertain. (Source: Cointelegraph)
Related
Japan Prepares for Bitcoin ETFs with SBI and Franklin Templeton Partnership
SFC Alerts Public to Unlicensed Virtual Asset Trading Platform CoinUnited.io
Protected: Quantum Crypto Updates 5 | July 2024
Revolut Secures UK Banking License, Poised to Expand Services
Bank of Ghana and Monetary Authority of Singapore Successfully Demonstrate E-Cedi in Cross-Border Transactions