Elon Musk firmly denies the development of an “𝕏 coin” to reward creators on the social media platform X, putting an end to longstanding rumors.
X obtains a currency transmitter license from Rhode Island, its seventh state license in the U.S., sparking renewed speculation about its crypto ambitions.
Elon Musk, the visionary force behind X (formerly known as Twitter), has finally broken his silence on the rumor mill swirling around the development of an “𝕏 coin” for creators. Responding succinctly with a “no,” Musk has officially squashed all speculation. This revelation comes as a follow-up to various leaked code fragments from X’s previous incarnation as Twitter, where many believed the platform was inching toward launching its own cryptocurrency.
NEWS: 𝕏 might be looking at launching 𝕏 coin for creators!
Receiving coins will help users accumulate diamonds which will be converted to real money in creator payouts! https://t.co/kxeBa0bZrj pic.twitter.com/Wu8t3

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