Social platform X, owned by Elon Musk, has received payment licenses in several US states. This suggests that Musk plans to expand the functionality of the platform by adding the ability to process payments throughout the country. A Rhode Island license is also required to provide cryptocurrency services.

Crypto exchange Binance announced the gradual cessation of support for the BUSD stablecoin. Users will be required to convert their BUSD into other assets by February next year. BUSD trading volume over the last 24 hours is approximately $900 million.