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
Bitcoin (BTC) miners listed in the U.S. are growing their share of the network hashrate,…
Metaplanet (3350) said it bought a further 269.43 bitcoin (BTC), strengthening its position as a…
The U.S. crypto task force will focus on starting up a national bitcoin (BTC) reserve,…
Bitcoin (BTC) has been relatively listless this month, hunching below $100,000. However, this hasn't deterred…
Changing macroeconomic conditions and big investment activity are driving Bitcoin near the crucial $97,000 resistance…
Bitcoin price is struggling to clear the $100,000 resistance zone. BTC is again moving lower…