Elon Musk's X Payments, a crucial part of his social network X, has made a big stride by securing licenses for money transmitter activities in three key U.S. states:

Illinois, New Mexico, and Oregon.

These approvals, granted on March 20, show that Musk is serious about expanding the functionality of his digital platform beyond its initial scope, like Twitter.This latest achievement broadens X Payments' operational reach, complementing the existing licenses it has in 19 other states, such as Georgia, Arizona, and Ohio. Musk's goal is to turn X into a super application that can handle various financial transactions smoothly.

The acquisition of these new licenses has sparked speculation about the integration of cryptocurrencies, especially Dogecoin (DOGE), into the social network.

Although Musk has ruled out the issuance of company tokens, the crypto community is buzzing about potential collaborations involving Dogecoin and other digital assets on the platform. The new licenses only add fuel to the discussions about cryptocurrencies in X's ecosystem.

Each licensing milestone for X Payments is a step forward in realizing Musk's vision for his digital empire. As regulatory approvals open up more possibilities for broader functionality and potential collaborations, people from various industries are keeping a close eye on the evolving developments within Musk's technological ventures.

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