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BTCC / BTCC Square / Global Cryptocurrency /
Elon Musk Confirms X Money Beta Test as Payment App Nears 2025 Rollout

Elon Musk Confirms X Money Beta Test as Payment App Nears 2025 Rollout

Author:
Global Cryptocurrency
Published:
2025-05-26 18:55:02
7
1

Elon Musk announced via a May 25 post on X that the platform’s payment feature, X Money, will begin beta testing with "very limited access" to prioritize user safety. The MOVE follows months of speculation fueled by regulatory filings and code leaks, marking the first official confirmation of the project’s progress.

X, formerly Twitter, has been securing money transmitter licenses since 2023, with 41 approvals logged in the NMLS database. The deliberate regulatory approach underscores ambitions to compete in financial services—a sector where crypto integration remains a plausible next step given Musk’s history with Dogecoin and Bitcoin.

|Square

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