In a recent live stream on X (formerly Twitter), Elon Musk confirmed that the platform's primary focus will be on fiat payment systems, at least for the near future. The announcement, first reported by Odaily News, clarified that regulatory hurdles have delayed the integration of cryptocurrency payments. While this decision may seem surprising given Musk’s history of supporting digital currencies, the move highlights the platform's pragmatic approach to building a reliable payment framework.
Why the Shift to Fiat Payments?
Overcoming Regulatory Challenges
Musk pointed out that navigating the complexities of securing licenses for cryptocurrency payments across multiple jurisdictions is a resource-intensive process. By prioritizing fiat systems, X can sidestep these obstacles and focus on compliance without delays.Improving User Experience
The platform's goal is to streamline fiat payment operations, ensuring smooth and efficient transactions for users worldwide. Musk emphasized that a robust fiat infrastructure will act as a foundation for future advancements, including the potential integration of digital currencies.
What This Means for Cryptocurrency
Temporary Setback for Crypto Payments
While X had previously teased crypto-based features like tipping and digital rewards, these plans are temporarily shelved. Musk assured users that cryptocurrency remains a part of the platform’s long-term vision but is not the current priority.Looking Ahead to Future Integration
Musk hinted that crypto adoption on X isn't entirely off the table, stating, “This focus on fiat is critical for now, but it’s not permanent.” This leaves the door open for speculation about future developments in digital payments on the platform.
Implications for the Crypto Ecosystem
A Pause on Adoption Momentum
The decision may come as a disappointment to cryptocurrency enthusiasts, who hoped that X would accelerate mainstream adoption of digital payments. However, this pause highlights the regulatory and logistical barriers that even major platforms face.A Balanced, Strategic Move
Many view the move as a sensible strategy. By perfecting fiat systems first, X can establish stability and scalability before venturing into the less predictable realm of blockchain-based payments.
X’s Fiat Payment Vision
Enhanced Payment Capabilities
Musk's team is working on creating a comprehensive fiat payment system that may include instant transfers, recurring subscriptions, and international remittances. These features aim to improve user engagement and boost platform monetization.Long-Term Monetization Goals
Strengthening fiat payments aligns with X's broader objective of generating revenue through premium features, ad-free options, and subscription services, laying the groundwork for potential crypto integrations later.
Community Perspectives
Mixed Reactions
The cryptocurrency community has expressed divided opinions. While some see this as a missed opportunity for mass adoption, others commend Musk for adopting a pragmatic, step-by-step approach.A Vision Beyond Immediate Challenges
Supporters argue that perfecting fiat systems is the first step in ensuring a seamless transition to digital currencies when the time is right. This approach minimizes risk and maximizes long-term impact.
Conclusion
Elon Musk’s decision to prioritize fiat payments on X reflects a calculated move to address immediate regulatory challenges while building a stable payment infrastructure. While crypto advocates may view this as a setback, the focus on fiat lays the groundwork for future innovation in digital payments.
The platform's trajectory suggests that while cryptocurrencies aren't in X's immediate plans, they remain a part of its broader vision. Musk’s track record with disruptive technologies leaves room for optimism that digital currencies may play a key role
in the platform's evolution in the years to come.

#Regulation #FinTechNews
#MemeCoin #CryptoCommunity #TechNews

Apple has cautioned customers about certain limitations to using Vision Pro outside the United States. While you can pre-order the headset out of the region, you cannot fully take advantage of the feature set that the Vision Pro is all about. This means the Vision Pro user experience will differ outside the United States. Henceforth, if you reside outside of the United States, it would be best to reserve your budget until the company officially makes the headset available in your region.
Apple's Vision Pro user experience will not be the same if you are planning to use the headset outside of the United States
Apple's Vision Pro pre-orders recently went live, and delivery dates have already slipped to March. This shows that the headset is in high demand. However, it can also be presumed that the company's supply is low. It was previously reported that Apple plans to sell only 60,000 to 80,000 units of the Vision Pro headset. This could be another reason why shipments have stretched to March. If you reside outside the United States, we recommend you reserve your decision to get the Vision Pro headset.
Apple's FAQ on the pre-order page mentions that the Vision Pro experience will differ for users in the United States and those residing outside. The company detailed several reasons why there will be limitations in other regions.
Vision Pro only supports English (U.S.) for typing, Siri, and Dictation.U.S. Apple ID is required for Apple Music and TV app purchases.Zeiss only accepts prescription orders from U.S. eye care professionals.Restriction to access specific apps in other countries.No Apple Support in regions outside of the United States.
While these limitations will undoubtedly impact the overall user experience, it would be wise for Apple to expand the headset's availability in more regions. The company has already detailed that the Vision Pro launch will be available in additional areas in the coming months. Canada and the U.K. will potentially be the first ones to get Apple's Vision Pro headset ahead of the company's WWDC 2024 event. For those who have pre-ordered the headset, it will be available on February 2.
Source: wccftech
#Apple #AppleVisionPro #VR #technews #gameboza
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New Payment System X Money Coming Soon
In 2025, Elon Musk plans to unveil X Money, a payment system designed to transform X (formerly Twitter) into a so-called "everything app." This app could merge social media, financial transactions, and possibly cryptocurrencies into one ambitious project. But will it work? And most importantly – will cryptocurrencies be part of this vision?
Big Plans and New Features
Linda Yaccarino, CEO of X, announced this groundbreaking project at the end of 2024, alongside other features such as X TV and Grok, Elon Musk's artificial intelligence. The goal is clear: to create an app that can do it all.
One Billion Users on the Horizon
X now boasts over one billion registered users, though only about 40% are active. Nevertheless, this massive user base provides Elon with a solid foundation to position X Money as a competitor to apps like China's WeChat. This model, which combines messaging, payments, and shopping, has been on Elon’s radar for years.
The first hint of the payment system came in November 2024 when a mysterious dollar sign icon appeared on Joe Rogan’s profile. Another critical step was securing money transfer licenses in 33 U.S. states through X Payments LLC. However, New York remains a challenge—without a license there, X Money won't be able to operate in one of the world’s largest financial markets.
The Future of Cryptocurrencies in X Money
Speculation revolves around whether X Money will incorporate cryptocurrencies. Elon Musk, known for his support of Bitcoin and Dogecoin, makes this integration seem likely. Stablecoins like USDC are also in the conversation, as their stability makes them ideal for everyday transactions.
Advances in Bitcoin mining could influence the decision. In 2021, Elon withdrew Bitcoin payments for Tesla due to the environmental impact of mining. Now, with over 56% of mining energy coming from renewable sources, he might reconsider Bitcoin’s inclusion.
A Payment Revolution?
If X Money successfully enables peer-to-peer payments with cryptocurrencies, it could revolutionize the market. No major social platform has yet integrated cryptocurrencies into everyday payments. Elon Musk, however, might be the one to break that barrier.
Everyone is asking whether X Money will deliver a genuine revolution. One thing is certain—if anyone can change the game, it’s Elon Musk.

#technews , #INNOVATION , #CryptoNewss , #ElonMusk , #Bitcoin❗

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Telegram, the popular messaging app, is under investigation in India for its alleged role in facilitating crimes such as extortion and gambling ¹. This news comes as Pavel Durov, Telegram's Russian-born founder, was arrested in France as part of an ongoing judicial probe ¹.
French President Emmanuel Macron emphasized that Durov's arrest was purely judicial, dismissing any political motivations behind it ¹. Macron stated that an ongoing investigation is underway against Durov, and a decision on this case will be made by the court.
This development raises concerns about the accountability of social media platforms in preventing criminal activities on their platforms. As the investigation unfolds, it remains to be seen what measures Telegram will take to address these concerns and ensure a safer experience for its users.
In a related development, President Macron recently paid a State Visit to India, where he was the Chief Guest for the 75th Republic Day of India.

#TelegramCEO #PavelDurov #technews

Telegram's visionary CEO, Pavel Durov, was recently arrested at Le Bourget Airport in Paris, marking a dramatic twist in the story of one of the world's most popular messaging platforms. 🚨 Durov, arriving from Azerbaijan, was detained in connection with an ongoing investigation into Telegram’s content moderation practices.

Authorities have raised concerns that Telegram's commitment to privacy might have inadvertently opened the door to criminal activities on the platform. From illegal content to the coordination of illicit activities, the accusations are serious and could signal a major shift for Telegram and the entire tech industry.

This arrest could have ripple effects far beyond Telegram. The debate around privacy versus security is intensifying, and tech companies may soon face increased scrutiny and tougher regulations. The big question now is: Will Telegram stay the course, or will we see significant changes in its approach to content moderation?

Stay tuned as this story unfolds—it's one that could redefine the boundaries of privacy, security, and responsibility in the digital age. 🌍

#Telegram #PavelDurov #technews #PrivacyDebate #CryptoCommunityWatch

Call for Briefing on Cybersecurity Breach
Two U.S. Republican lawmakers, Senator Tim Scott and Representative French Hill, have called on the Department of the Treasury to explain a recent cyberattack allegedly carried out by China-backed hackers.
In a letter to Treasury Secretary Janet Yellen dated December 31, the lawmakers requested a comprehensive briefing for Congress, scheduled no later than January 10. They are demanding detailed information about the hackers’ access, the specifics of how the attack occurred, and the measures taken to prevent similar incidents in the future.
“A Serious Security Breach”
“This cyber breach is extremely concerning,” Scott and Hill stated in their letter. They highlighted that the Treasury Department manages some of the most sensitive information in the U.S., including tax records, business ownership details, and reports of suspicious activity. According to the lawmakers, safeguarding this information must be a top priority to prevent potential misuse by foreign adversaries.
“The fact that hackers supported by the Chinese Communist Party gained access to Treasury Department systems is unacceptable,” they added, emphasizing the need for strengthened security protocols.
Details of the Incident
The cyberattack occurred on December 2, 2024, when an unidentified threat actor infiltrated the workstations of Treasury employees. The attackers gained access to certain “non-classified” documents.
According to a December 30 letter from Treasury officials to lawmakers, the incident was attributed to China-backed advanced persistent threat (APT) actors. The department has committed to providing a more detailed report within 30 days, as mandated by the Federal Information Security Modernization Act.
China Denies Responsibility
China denied involvement in the attack, telling Reuters, “We strongly reject U.S. defamatory accusations against China without any factual basis.”
This breach has raised serious concerns about the federal government’s ability to protect sensitive information from foreign cyber threats, prompting lawmakers to demand immediate answers.

#CyberSecurity , #hacking , #CryptoSecurity , #technews , #CryptoNewss

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“