Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»Elon Musk’s X to launch in-app payment service by mid-2024
ADOPTION NEWS

Elon Musk’s X to launch in-app payment service by mid-2024

By Crypto FlexsDecember 23, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Elon Musk’s X to launch in-app payment service by mid-2024
Share
Facebook Twitter LinkedIn Pinterest Email

His current business, X (formerly known as Twitter), is expanding into new territories with the goal of launching an in-app payment service by mid-2024. Elon Musk, the genius behind companies like SpaceX and Tesla, is pushing his own business forward. Recent efforts in new areas. The move is seen as a component of Musk’s master plan to turn

In a chat with ARK Invest’s Cathie Wood on December 21, Musk provided the following: Detail He spoke about his ambitions for X. He said he was optimistic the payment mechanism would be fully included in the platform by the middle of next year. However, the success of this ambitious plan will depend on the approval of several applications for money transfer service licenses. Musk admits that bureaucratic processes are holding up the implementation of this process.

It’s well known that Musk loves cryptocurrencies, especially Dogecoin (DOGE) and Bitcoin (BTC), but his current emphasis on X’s payment service seems to be less focused on cryptocurrency integration. Musk’s companies, such as Tesla and The Boring Company, have shown in the past that they are willing to accept cryptocurrencies. Tesla still holds about $148 million worth of Bitcoin and also allows consumers to use Dogecoin to pay for goods. Additionally, starting in 2022, The Boring Company will begin using Dogecoin as a means of payment for use of Las Vegas’ public transportation system.

Still, Musk recently downplayed interest in digital assets, saying, “I don’t spend a lot of time thinking about cryptocurrencies.” This statement was made in response to a question posed by Musk’s own artificial intelligence project, Grok. “It is a very small amount.” Despite emphasizing vigilance against exchange rate manipulation, this statement suggests that there is a movement away from the existing focus on cryptocurrency.

With Realizing Musk’s vision for the platform is a big step forward, and this new breakthrough is a significant step forward.

In line with Musk’s optimistic outlook, the company’s CEO Linda Yaccarino also sees 2024 as an important year for platform development. The successful debut of a payment system on social media has the potential to revolutionize the way users connect with each other, combining the sharing of ideas and conducting financial transactions.

Image source: Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

COREWEAVE is a NVIDIA GB200 Super Chip that achieves recorded MLPERF benchmarks.

June 6, 2025

The robot of 1x Technologies aims to revolutionize ordinary work with AI.

June 5, 2025

The Ether Leeum Foundation summarizes a comprehensive financial policy.

June 5, 2025
Add A Comment

Comments are closed.

Recent Posts

SEI hit 621K wallet and $ 930m tvL, but two regions should pay attention.

June 6, 2025

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025

COREWEAVE is a NVIDIA GB200 Super Chip that achieves recorded MLPERF benchmarks.

June 6, 2025

Bitcoin dives for less than $ 102K in fading momentum and macroscopic uncertainty.

June 6, 2025

Arca EXEC writes a scratch on Circle after IPO

June 6, 2025

The robot of 1x Technologies aims to revolutionize ordinary work with AI.

June 5, 2025

Trump is a magical Eden encryption wallet tie, Trump coin deep 13%

June 5, 2025

Bitcoin prices slide again, causing new fear of deeper modifications.

June 5, 2025

The Ether Leeum Foundation summarizes a comprehensive financial policy.

June 5, 2025

Using BCC mining increases daily passive income of $ 57,700

June 5, 2025

Ray for the square and scalable AI solutions and RAG pipelines on all scale

June 5, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

SEI hit 621K wallet and $ 930m tvL, but two regions should pay attention.

June 6, 2025

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025

COREWEAVE is a NVIDIA GB200 Super Chip that achieves recorded MLPERF benchmarks.

June 6, 2025
Most Popular

Tether and Bitfinex agreed to withdraw their opposition to the FOIL request.

November 25, 2023

Hash Time Lock Contract – What is the default time lock in the current Lightning implementation? How is channel opening negotiated?

January 30, 2024

Humane AI Pin reviews are stacked against half-baked devices.

April 13, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.