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  • Blockchain Timeline has acquired money transmitter licenses in half the US states

X (formerly Twitter) is continuing to acquire money transmitter licenses across US states. Christopher Stanley the platform's chief of payments mentioned that X Wallet will be able to store funds and send money to any X user.

The new wallet will function like Venmo at first and then evolve into a full payments app like Apple Pay. The platform is also planning to provide users with incentives like paid interest for keeping their funds in the X Wallet.


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