X, the Former Twitter, Has Licenses in Multiple U.S. States to Process Payments Including Crypto

Musk has mentioned that he plans for X to develop past social media posts, changing into an ‘all the pieces app,’ and the cash transmitter licenses obtained since June from Arizona, Maryland, Georgia, Michigan, Missouri and New Hampshire point out the tech billionaire might have plans to assist fee processing nationwide much like Venmo or PayPal, an organization he co-founded. The Rhode Island license, whereas important for allowing funds, can be a requirement for providing crypto providers.