Crypto
Musk\'s X Money seen launching in April; CLARITY bill a variable
X, formerly Twitter, is preparing a payment service called X Money that could disrupt the U.S. payments market, analysts said. Mizuho Research analysts said the service could put direct pressure on PayPal and Venmo and is expected to launch in April. They warned that plans to integrate cryptocurrency payments and offer returns on user balances could face regulatory obstacles, including New York’s CRYPTO bill and discussions around the federal CLARITY bill.
