Elon Musk’s X Acquires Currency Transmitter License, Could Introduce Crypto Payments: Report

Elon Musk’s X Acquires Currency Transmitter License, Could Introduce Crypto Payments: Report

Elon Musk’s X has acquired a currency transmitter licence for the microblogging platform in a US state, suggesting that the social networking platform formerly called Twitter could soon support processing payments in crypto as well as fiat currencies. This licence gives a company the right to facilitate custody, transfer, and…