- US Senator Elizabeth Warren is demanding answers regarding a forthcoming payments feature on X.
- “Consumers, our national security, and the stability of the financial system may be at risk,” she wrote in a letter addressed to owner Elon Musk.
- Warren expressed concern that X could take advantage of a “suspicious carveout” in the Genius Act.
A forthcoming payment feature meant to turn X into an “everything app” could threaten national security and the US financial system, Senator Elizabeth Warren warned in a letter to Elon Musk on Tuesday.
Her chief complaint was Musk’s controversial management of the social media platform. But Warren also pointed to rumours the feature, X Money, will include stablecoins and other crypto assets.
Musk…
