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The X Money account marks a fresh partnership between X and Visa. Their digital wallet aims to change how people use cryptocurrency payments and handle online transactions. BAM! A stack of mind-blowing Features will make money transfers zoom through Visa’s digital wallet system. CEO Linda Yaccarino dropped this absolute bombshell on January 28, 2025. Linda Yaccarino stated: “Another milestone for the Everything App: Visa is our first partner for the X Money Account, which will debut later this year.” Another milestone for the Everything App: @Visa is our first partner for the @XMoney Account, which will debut later this year. Allows for secure + instant funding to your X Wallet via Visa Direct 🪪 Connects to your debit card allowing P2P payments Option to instantly… — Linda Yaccarino (@lindayaX) January 28, 2025 Also Read: Ripple CEO Pushes for National Crypto Reserve as RLUSD Stablecoin Set to Reshape 2025 How Visa’s Digital Wallet and X Money Account Solve Cr...

The U.S. Department of Justice (DOJ) has launched an investigation into Visa in regard to its tokenization technology pricing methods. In particular, the investigation is related to the firm’s merchant fee policies for proprietary cardholder data protection technology. The DOJ is currently looking into Visa’s practice of charging merchants additional fees if they choose not to utilize the company’s proprietary “tokenization” technology. Tokenization involves swapping out sensitive card information for less-usable tokens to increase payment security. Also Read: Visa to Share CBDC Expertise with Azerbaijan Central Bank These questions came to light more than two years after the DOJ first engaged Visa in an antitrust investigation. Moreover, Mastercard recently reached a settlement in a case identical to this one concerning its tokenization techniques. The Sherman Antitrust Act, a crucial statute against monopolistic behavior, has been a focus of the...