Polygon Completes Coinme Deal And Gains US Payments Licences Across 48 States
TL;DR: Polygon Labs has closed its acquisition of Coinme, gaining access to 37 state money-transmitter licences and 11 applicable exemptions. The move is designed to connect its on-chain payment technology with regulated US money movement. Polygon has spent years making it easier to move assets on blockchains. Its latest acquisition is about the far less […]
Key Takeaways
- TL;DR: Polygon Labs has closed its acquisition of Coinme, gaining access to 37 state money-transmitter licences and 11 applicable exemptions.
- The move is designed to connect its on-chain payment technology with regulated US money movement.
- Polygon has spent years making it easier to move assets on blockchains.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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