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The Independent UK
The Independent UK
National
Josh Marcus

Twitter has money licenses in three states, opening door for Musk’s plan to make ‘everything app’

Copyright 2023 The Associated Press. All rights reserved.

Twitter has reportedly secured money-transmitting licenses in three states, the latest step in owner Elon Musk’s ambitious goal to turn the social media site into an “everything app.”

The company now has licenses to receive and transfer funds in Michigan, Missouri, and New Hampshire, Fortune reports. In order to become a nationwide payments processor, the company would need such licenses from each state.

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