X to Launch Smart Cashtags for Direct Crypto Trading

PANews, February 14: Nikita Bier, Head of Product at X and advisor to Solana, tweeted that while X supports the growth of cryptocurrency on the platform, it will crack down on apps that induce users to spam, overwhelm, or harass others through mechanisms like “claim your fees,” stating that such practices “benefit only a few while significantly harming the experience of millions of users.” He revealed that X will roll out new features, including Smart Cashtags, within weeks, allowing users to trade stocks and crypto assets directly on their timelines. Meanwhile, some developers have questioned X’s frequent bans of crypto projects using the X API, without simultaneously launching sufficient features that overall benefit the crypto ecosystem.