Analytical Reviews

Bekommen Sie die neuesten wirtschaftlichen Nachrichten von ForexMart, einschließlich Updates aus Finanzmarkt, Zentralbankpolitiksankündigungen, finanzielle Indikatoren und andere relevante Nachrichten, die die Branche beeinflussen können.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Musk Intends to develop a Twitter payment system with crypto functions


January, 31 2023
watermark Economic news

At the end of January, it became known that the social network Twitter, headed by Elon Musk, applied for licenses related to the development of software for the implementation of its own payment system. 


Elon Musk himself noted that he wants the social network to offer fintech services, such as peer-to-peer transactions, savings accounts and debit cards. In other words, the entrepreneur intends to make Twitter a «universal application» that includes messaging, payments and commerce.


Musk also intends to organize the platform's payment system so that crypto functions can be added to it in the future. However, it is not yet clear whether these payments will be related to blockchain technology or cryptocurrency.


It is worth noting that at the beginning of December last year, images of «Twitter coins» appeared in the crypto community – a digital asset that is still in development, which will be used for payments and tips on the platform. And a little earlier in October, there were also rumors that Twitter is working on a prototype wallet that will support the input and output of cryptocurrencies.


However, there is currently no confirmation of this, and it seems that in the near future the payment system will support only fiat currencies.


hinterlassen

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.