Rhode Island has officially approved a license requested by Twitter Payments LLC, X’s payment branch, to be able to store, transfer, and exchange Bitcoin and other digital assets on behalf of its users.
The currency transmitter license is required for companies who want to perform these activities related to Bitcoin and crypto on behalf of its users. This license also includes related service providers, such as wallets, payment processors, and exchanges.
Elon Musk has previously stated that he wants to turn X into the “everything app,” sharing that the platform “will add comprehensive communications and the ability to conduct your entire financial world.”
Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights
By Omkar Godbole (All times ET unless indicated otherwise) You know how it feels when…
Bitcoin experienced extreme volatility yesterday after reaching a new all-time high of $104,088 on Wednesday.…
As Bitcoin finally soars above the long-awaited $100,000 milestone, Ethereum (ETH) attempts to break out…
Net inflows into U.S. spot ether (<a href="https://www.coindesk.com/price/ethereum/ " target="_blank">ETH</a>) exchange-traded funds (ETFs) have picked…
Bitcoin has set a new all-time high (ATH) beyond the $104,000 mark during the past…
Bitcoin has achieved a major milestone, trading at six-figure levels for the first time since…