After shutting down operations in the Latin American nation, X kept its users’ access open. This demonstrated that Elon Musk adopted a careful approach to handling the conflict.
Since Elon Musk’s takeover in October 2022, social media platform X has introduced monetization for content creators and subscription models, aiming to become an “everything platform.” However, there are no plans for accommodating crypto enthusiasts on the platform.
X has no plan to charge any significant fee for its potential payment service, per the details in the documents.
Dorsey has even been more active in Elon’s owned X. He described the platform as a ‘freedom technology’ after advising people not to depend on public corporations to grant them rights.
iMe said the partnership with DWF Labs will significantly impact the future of decentralized communication and finance.
X Payments Chief Information Security Officer Christopher Stanley said the ultimate goal centers around creating a comprehensive financial ecosystem within the X platform.
Imposing charges on new users could be an effective solution to curb the onslaught of bots and promote a more authentic user base on the platform.
Forrest vowed to continue his fight and advocate for legal reform to hold foreign-owned social media platforms accountable.
Musk has significantly improved the X platform since the acquisition in late 2022, whereby it now has money transmitter licenses from 23 states.
Company’s CEO Graber confirms that Bluesky currently has about 1.6 million monthly users and about 25,000 custom feeds.
Elon Musk’s X app is set to offer users peer-to-peer payments later this year as it moves closer to achieving “everything” status.
With X now obtaining payment licenses across a dozen states in the United States, Musk said the app is ready to start its payment services come 2024 at an undisclosed date.
With the latest authorization from three US states, the X platform expanded its ability to offer financial services to users in the region.
Elon Musk said that he will do whatever required to maintain for the free speech on the X platform.
According to Musk, X Corp will sue Media Matters and several others for a fake plot to paint the social media company as problematic.