Polygon Labs has completed its acquisition of crypto payments company Coinme, formally transforming into a U.S.-regulated payments business with compliance coverage spanning 48 states. The acquisition brings 37 state-level money transmitter licenses and 11 applicable exemptions, all integrated into its “Open Money Stack” platform. Tazapay, Mesh, Toku, and Kira have become the first customers of its stablecoin payment services. Analysts say public blockchain teams are accelerating their expansion into the regulated payments sector. (Source: CoinGape)

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