Elon Musk’s X Expands Horizons with Money Transmitter License in Utah
In a strategic move, Elon Musk’s social media platform, X (formerly Twitter), secured a money-transmitter license from Utah, marking its 15th state approval for potential payment features. This development, granted on Friday according to the Nationwide Multistate Licensing System & Registry, empowers X to enable money transfers, akin to platforms like PayPal’s Venmo, opening new…
