{"id":584107,"date":"2026-04-15T17:53:02","date_gmt":"2026-04-15T17:53:02","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/15\/senator-elizabeth-warren-questions-elon-musk-about-x-money\/"},"modified":"2026-04-15T17:53:02","modified_gmt":"2026-04-15T17:53:02","slug":"senator-elizabeth-warren-questions-elon-musk-about-x-money","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/15\/senator-elizabeth-warren-questions-elon-musk-about-x-money\/","title":{"rendered":"Senator Elizabeth Warren questions Elon Musk about X Money"},"content":{"rendered":"

\"Senator<\/p>\n

The Massachusetts Democrat has been critical of private companies, including non-bank entities, issuing their own dollar-pegged stablecoins.<\/p>\n

US Senator Elizabeth Warren has asked Elon Musk for information on X Money, a payments feature that is expected to be integrated into the X social media platform in the near future.<\/p>\n

Warren, who is a longtime critic of Musk and the cryptocurrency industry, wrote in a letter<\/a> on Tuesday that X Money\u2019s potential stablecoin and crypto integrations<\/a> could pose risks to the financial system and US national security.<\/p>\n

She questioned whether the platform would also issue its own stablecoin, under a legal \u201ccarveout\u201d in the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which allows private companies to issue their own stablecoins.\u00a0<\/p>\n

Warren said X Money\u2019s limited beta preview<\/a> suggests it will offer 6% interest on deposits and partner with Cross River Bank, which was subject to enforcement action by the Federal Deposit Insurance Corporation (FDIC), a banking regulator. She said:<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The Massachusetts Democrat has been critical of private companies, including non-bank entities, issuing their own dollar-pegged stablecoins. US Senator Elizabeth Warren has asked Elon Musk for information on X Money, a payments feature that is expected to be integrated into the X social media platform in the near future. Warren, who is a longtime critic […]<\/p>\n","protected":false},"author":1,"featured_media":584108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-584107","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/584107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=584107"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/584107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/584108"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=584107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=584107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=584107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}