Nikita Bier, the product head of X, clarified that the platform will not engage in executing crypto trades or act as a broker. This statement comes after previous reports suggested that X might facilitate in-app trading via new “Smart Cashtags.” The move aligns with X’s strategy to enhance user interaction with financial content while steering clear of acting as a financial intermediary, reflecting a broader trend among social platforms to integrate crypto tools carefully within regulatory boundaries without directly processing trades.
X clarifies: No direct crypto trading on platform
