Musk has mentioned that he plans for X to increase past social media posts, turning into an ‘everything app,’ and the cash transmitter licenses obtained since June from Arizona, Maryland, Georgia, Michigan, Missouri and New Hampshire point out the tech billionaire could have plans to help fee processing nationwide just like Venmo or PayPal, an organization he co-founded. The Rhode Island license, whereas important for allowing funds, can be a requirement for providing crypto providers.
