Elon Musk makes big step toward crypto payments with three new state licenses
Elon Musk's X Payments, an integral component of his social network X, has attained significant regulatory milestones by securing for money transmitter activities in three key new U.S. states at once. The approvals, granted by supervisory authorities in Illinois, New Mexico and Oregon on March 20, underscore the strategic direction of Musk's vision to enhance the functionality of his digital platform beyond its initial scope as Twitter.
As regulatory approvals pave the way for broader functionality and potential collaborations, enthusiasts across various industries remain attentive to the evolving developments within the billionaire's technological ventures. Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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