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Western Union and PayPal have privacy newd of usecookiesand not sell my personal information is being formed to support. Disclosure Please note that our media platform formerly called Twitter, payments, it also applies to crypto services. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, Web3.

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Elon Musk says he's close to launching payments on X, but despite longtime speculation that those options would include cryptocurrencies. Tesla sells 75% of its Bitcoin holdings, expert say Musk did not fancy it much Tesla's Chief Executive Officer Elon Musk said on the earnings conference call. In an X space talk with Cathie Wood, Musk said he 'hardly' thinks about crypto these days but more about the nature of money.

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In his announcement, Musk stated, "Twitter was acquired by X Corp to ensure the freedom of speech and as an accelerant for X, the everything app. Bitcoin remained volatile this week owing to macroeconomic factors and lack of momentum Beyond the SpaceX announcement, other influencing factors also have played a role in shaping up the recent market trends. However, signs suggest that cryptocurrencies will play a role, given X's recent development of a tool in partnership with eToro, enabling users to access cryptocurrencies, stocks and various financial assets. Big Tech companies often find regulatory requirements burdensome, causing them to abandon initiatives due to the long-term investment, risk and the need for a robust compliance infrastructure with constant licensing requirements.

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