top of page
  • Blockchain Timeline

X.com 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.

Comments


bottom of page