X obtains money transmission license for Nevada payment service

Watcher.Guru has stated on social media platform X that X has obtained a currency transfer license for payment services in Nevada. In December of last year, X (formerly known as Twitter) platform owned by Musk had already obtained currency transfer licenses in 12 states in the United States. These licenses are associated with a company called "X Payments LLC" (formerly "Twitter Payments LLC"), which will operate remittance business on X. The name of the license may vary, but all allow X to process payments or transfer funds in that state.