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Elon Musk Understands Your Purchases
The "X" platform has launched a new service called "X Money," which allows subscribers—within paid packages—to send and receive money and make payments directly through their accounts on the platform. The service includes transferring funds between individuals, paying bills, and issuing a debit card linked to the Visa network, with an annual return of up to 6% and cash-back features of up to 3%. This move is part of Elon Musk's plan to transform "X" into a comprehensive app that integrates communication with financial services. However, it has raised regulatory concerns regarding user privacy and the security of the financial system, especially given the collection of financial and personal data.
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