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Federal Deposit Insurance Corporation (FDIC)

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X Money US rollout and regulatory scrutiny

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Latest: Elon Musk's X Money launches in US for Premium users with 6% APY and Visa card

Elon Musk’s X platform expanded its X Money service to all verified U.S. Premium and Premium+ subscribers on July 27 2026. The launch makes the deposit‑account, peer‑to‑peer payments, bill‑pay, salary direct‑deposit and