Elon Musk Reportedly Wants Twitter Payments to be Fiat-Focused with Crypto in Mind
It was reported yesterday that Twitter has begun entering the necessary channels to adhere to regulatory requirements for eventual payment services. With many in the digital asset industry interested, it has been reported that Elon Musk wants Twitter payments to be fiat-focused with crypto in mind. The billionaire Twitter CEO’s long history with DOGE is well documented, as is his appreciation for crypto. Conversely, Blockworks has noted that his vision for Twitter payments is “fiat, first and foremost,” with crypto as a later addition. Source: Reuters The reports from yesterday stated that Twitter had begun the process of the license application to register the social media platform as a payment service. Moreover, it was noted that the creation of the necessary software has begun under the Musk regime. Subsequently leading many to wonder just what that looks like for the platform. Now, we have insight from various reports that have noted Elon Musk views ...