Elon Musk’s X acquires money transmitter license, eyes payment services market
Elon Musk’s social media platform, X (previously known as Twitter), has recently acquired a money transmitter license in Nevada. This development is a significant step in Musk’s ambition to evolve X into a multifaceted application, venturing beyond social media into financial services. The platform is poised to introduce a peer-to-peer payment service, potentially competing with…