Elon Musk to turn Twitter into payment platform for dogecoin and crypto

Twitter filed with a regulatory body last week to let it conduct money services in the United States

Elon Musk has filed for Twitter to become a money service business, meaning that the platform could send currency back and forth - including dogecoin and other crypto.

The filing, which has been sent to the US Treasury Department Financial Crimes Enforcement Network (FinCEN), was submitted on 4 November, with the application stating that Twitter plans to conduct money services in the United States and several of its international territories.