...
...
Haider Jamal

Jan 03, 2025

Leaked Code Suggests X Money Could Launch Sooner Than Expected

X Money is expected to launch soon, with speculation increasing after the leak of a software code tied to the platform, suggesting a potential debut in the United States, despite lacking full state approvals.

 

Crypto To Play A Vital Role

Even though it lacks the aforementioned approvals, X Money has nevertheless secured money transmitter licenses in 39 states and plans to expand nationwide. A leaked screenshot revealing the message X Money Is Not Available In Your State has led analysts like Alex Finn to predict that the platform may launch without approval by all 50 states.

X Money will also allow content creators to receive tips directly via users, and Finn believes crypto could play a significant role in facilitating payments for the platform.

 

Some States Still Hesitant To Grant Approval

The service is expected to support crypto as well, aligning with Elon Musk and his history of accepting Bitcoin (BTC) and Dogecoin (DOGE) in his ventures.  While CEO Linda Yaccarino confirmed that X Money will launch in 2025, some states, such as Alaska, New York, and Wisconsin, might not be included initially due to pending approvals.

The speculation is further fueled by Musk and his endorsement of BTC and DOGE, with Tesla already supporting Dogecoin payments and holding over $1 billion in Bitcoin. Elon has also stated on multiple occasions that he plans to make crypto a vital part of the new Trump administration in 2025 and beyond.

 

Top News


Read more latest news

Press Releases

...
Terra
Do Kwon Trial Begins Despite The Founder

9 months ago Mar 26, 2024

The civil fraud trial involving Ter... Read more

...
Goldman
Goldman Sachs Clients Look To Get Back

9 months ago Mar 25, 2024

Institutional clients served by the... Read more

...
Payments
New Payment Limit For Crypto Wallets Scrapped

9 months ago Mar 25, 2024

The recent Anti-Money Laundering re... Read more

...
Bitcoin
Bitcoin Undergoes Price Correction As International Economies

9 months ago Mar 24, 2024

A significant portion of the crypto... Read more

Join Our Newsletter

Get the latest trends and updates on our crypto community.