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News Explorer — Twitter's X Payments Plans Don't Include Dogecoin or Crypto

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Jun 20, 9:27 pm

Decrypt

Twitter's X Payments Plans Don't Include Dogecoin or Crypto

Twitter's regulatory documents reveal plans for a payments service called X Payments, which has obtained money transmitter licenses in 28 states. While the documents do not mention integration of cryptocurrencies, there is speculation that crypto may be added later. Twitter aims to increase user engagement and recover lost revenue through the payments platform, although customer loyalty to traditional banking services may pose a challenge.

Twitter's regulatory documents reveal plans for a payments service called X Payments, which has obtained money transmitter licenses in 28 states. While the documents do not mention integration of cryptocurrencies, there is speculation that crypto may be added later. Twitter aims to increase user engagement and recover lost revenue through the payments platform, although customer loyalty to traditional banking services may pose a challenge.

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