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Elon Musk’s The path of the social media xu Tuesday announced the launch of the payment services of digital payments Visa. I am
X Blocked up the Visa, the most the largest credit nets for what you are calling a money of x money, Cey Linda have announced in a post on the platform.
Visa has permission to x users to move the funds between traditional bank accounts and their digital word and make instant payments Cell or venom.
Is the first fire of the cystals from X to create a financial ecosystem for social media ecosystem, which was called Twitter before Musk acquired in the 2022. At the time, Musk said the $ 44 billion paddy was a way to create a “everything app. “It is then said the platform would have permission to the users to make it”all the financial governmentd u“on.
In 2021 While Jack Dorsey was still in the rage of x (after Twitter), the company launched a bitcoin
But the start status as a money service business in the United States needed sailing a more complex regulated landscape.
For a year, muscle has been applied for these licenses for x. According to their websiteX Payments LLC is licensed in 41 states and recorded with the network of the financial crime (FINCEN).
The money of money is expected to launch in the first fourth bums, and offer them with the most financial partners are likely, according to a person with awareness of the situation.
One of the points first use for x money is to allow the site to accept the funds and stores beings, saying this person, who talked to anonymity concitute
In the 2022 of NovemberMusk suggested the platform advertisements in a public meeting that this type of payments of payments lately certainty, as a high money market account.
The Representatives from Visa declined to comment the matter.
