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Elon Musk’s X platform faces backlash over XRP account suspension

X (formerly Twitter) executive chair and chief technical officer Elon Musk has faced criticism for the suspension of an XRP-related account.Crypto Eri, a well-known figure in the cryptocurrency community, directly reached out to Elon Musk on X, seeking clarification on whether the account suspension was an error.The account in question

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Elon Musk’s X moves closer to crypto payments with new state license

Rhode Island’s regulators have granted X (Twitter) a currency transmitter license marking a step forward for the company’s foray into the financial services sector. The license is legally required for companies conducting financial activities on behalf of users related to sending and receiving money — a definition that includes both fiat

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Elon Musk’s X targets financial services, PacWest emergency rescue and more

Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become the American equivalent of the Chinese super-app WeChat.The concept of super-apps isn’t new. Tech giant Tencent, the company behind WeChat, has been refining the model since

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