Just In! 🇺🇸 X (Twitter) has obtained a money transmitter license to provide payment services in Mississippi. Reports suggest that X is in the process of obtaining regulatory permission to involve itself in the shceme of the US payments industry. The end aim of developing the software is to enable payments through the platform on a large scale. This is just a part of the journey as this social media behemoth, under the CEO’ship of Elon Musk, has obtained payment management permission in 8 states, spread across locations such as Arizona, Georgia, Maryland, Michigan, New Hampshire, Missouri and Rhode Island. Mississippi marks as the 8th to approve a permission and forthrites the success of the advancements X is making in the finanical realm. Interestingly enough, this type of verification provides companies with criteria regarding cryptocurrency-related activities that include case budgeting, transferal and exchange digital currencies. X is slowly executing it’s creators’ initiative, becoming an ‘some every thing’ app- developing new segment streams within view. Musk’s hope that more colder in the U.S. coon adhere and toIssue: and capitulate thls hopes to — apart from those 8.
