Senator questions Elon Musk on X Money safety

Senator Elizabeth Warren has raised serious concerns regarding the safety and potential risks associated with Elon Musk's upcoming X Money payment platform. In a letter to Musk, Warren highlighted worries about consumer protection, national security, and financial system stability, referencing Musk's past management of X. Despite these concerns, Musk plans to launch X Money in early public access by April. While details remain scarce, previous statements indicated integration with services like Visa Direct and peer-to-peer transactions via debit cards, suggesting a broad ambition for the platform's financial capabilities.