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XSays Smart Cashtags Won’t Execute Trades After Reports of In‑Feed Trading

X says Smart Cashtags will surface market data with external links rather than act as a broker.

Overview

  • Following weekend posts suggesting in‑timeline trading within weeks, product head Nikita Bier clarified that reports were wrong and that X is not executing or facilitating trades.
  • The upgraded tags are described as showing live charts and related posts with pathways out to third‑party services, not buy or sell orders handled inside X.
  • Elon Musk said X Money is live in internal testing, with a limited external beta expected in 30 to 60 days.
  • X plans API policy changes to block fee‑pool schemes and spam‑driven automation that incentivize raids or harassment.
  • Some outlets report money‑transmitter coverage in more than 40 U.S. states and a Visa relationship, but brokerage capabilities and New York licensing remain unconfirmed.