The Twitter account @XPayments has officially announced its name change to @XMoney. This decision is part of the company’s ongoing efforts to enhance its market influence and align with its expanding vision.
However, the name change has encountered challenges. The company is facing legal obstacles related to trademark use, which may complicate the continued use of the new brand name. Due to these legal issues, @ElonMusk may need to purchase the rights to the trademark or negotiate an agreement to retain the use of the name.
Source: @MultiversX
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