Categories: Bitcoin Latest News

X (Twitter) Obtains License To Store, Transfer, And Trade Bitcoin And Crypto

Rhode Island has officially approved a license requested by Twitter Payments LLC, X’s payment branch, to be able to store, transfer, and exchange Bitcoin and other digital assets on behalf of its users.

The currency transmitter license is required for companies who want to perform these activities related to Bitcoin and crypto on behalf of its users. This license also includes related service providers, such as wallets, payment processors, and exchanges.

Elon Musk has previously stated that he wants to turn X into the “everything app,” sharing that the platform “will add comprehensive communications and the ability to conduct your entire financial world.”

Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

Recent Posts

Financial repression: The new buzzword for bitcoin bulls

Your day-ahead look for Aug. 24, 2026Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

1 hour ago

Fed experiment shows how bitcoin rallies attract new crypto buyers

Households shown bitcoin’s prior-year return were 23% more likely to report owning crypto in a…

2 hours ago

Bitcoin steadies near $78,000 as gold rallies, altcoins consolidate after best week in 3 years

BTC was little changed Monday after last week's 24% surge triggered by a Treasury buyback…

2 hours ago

Live updates: Bitcoin holds $77,000 as XRP, Zcash pull back after a big weekly rally

Bitcoin holds its gains near $77,000 after a 22% week, while last week's biggest altcoin…

4 hours ago

Crypto roars back as bitcoin posts its second-best week since early 2021

Treasury buybacks, ETF inflows and a weaker dollar ignite crypto’s breakout.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto…

4 hours ago

Ether is crushing bitcoin and the ‘golden cross’ says it may not be done yet

The ETH/BTC ratio has recently formed a bullish golden cross, suggesting ether could extend its…

5 hours ago