Overview
- X head of product Nikita Bier said Smart Cashtags will launch in a couple of weeks, letting users trade directly from their timelines.
- Tapping a ticker like $BTC or $AAPL will surface live charts and related posts with an option to execute trades inside the app.
- Elon Musk said X Money is in internal testing, with a limited external beta expected within one to two months as part of the “everything app” plan.
- Bier indicated X is not acting as a broker and is updating API rules to curb spam and fee-harvesting apps, with trade execution expected to route via partners.
- Reports note money-transmitter licenses in 40+ U.S. states and a Visa partnership as X scales financial services, with New York regulatory review still a concern and roughly 600 million monthly users as the target market.