Elon Musk's latest moves suggest a deeper integration of cryptocurrency into his social media platform, X (formerly Twitter). Here's what's new ¹ ²:

- *X Money App*: Musk's X platform is set to launch a digital wallet and payment feature called "X Money" in the US later this year, with Visa as its first official partner. This app will allow users to store funds, make peer-to-peer payments, buy products, and tip creators directly within the platform.

- *Investment and Trading Services*: X CEO Linda Yaccarino announced that investment and trading services will be available on the platform soon, potentially paving the way for cryptocurrency integration. Musk's history with crypto and his past support for Dogecoin and Bitcoin fuel speculation about future crypto features.

- *Potential Crypto Integration*: While there's no direct confirmation, Musk's past involvement with crypto and the platform's new features suggest that cryptocurrency support could be on the horizon. This might include decentralized identity solutions, NFT integration, or even a full-scale Web3 platform.

- *Regulatory Considerations*: As X expands into finance and potentially crypto, it will face heavy regulatory scrutiny, including anti-money laundering (AML) obligations and money transmitter licensing.

Musk's influence on the crypto market is significant, with his tweets often causing rapid price changes. His interest in crypto extends beyond Dogecoin, with discussions on blockchain scalability, efficiency, and potential space-based applications ³.