Twitter Awarded Three State Money Transmitter Licenses - Decrypt
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Twitter Awarded Three State Money Transmitter Licenses
It's the latest step toward realizing Elon Musk's vision of an "everything app," the Web3 WeChat of the west. As Twitter's most formidable competitor comes online, it also received regulatory approval from three U.S. states that serve a much bro
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Twitter has been awarded three state money transmitter licenses in New Hampshire, Michigan, and Missouri. This regulatory approval paves the way for the social media giant to expand into payments and other financial services. The move aligns with Twitter's broader vision of becoming an "everything app" and competing with its formidable rival, Web3 WeChat. This development brings Elon Musk's vision closer to reality and positions Twitter as a potential player in the financial technology industry.
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- Twitter Awarded Three State Money Transmitter Licenses It's the latest step toward realizing Elon Musk's vision of an "everything app," the Web3 WeChat of the west.
- As Twitter's most formidable competitor comes online, it also received regulatory approval from three U.S. states that serve a much broader vision for the social media company. New Hampshire, Michigan, and Missouri have approved Twitter's application to serve as a money transmitter, laying the groundwork for the social media app to expand into pay...
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