Twitter is working to line up the necessary regulatory approvals needed to integrate payments into the platform, including future crypto capabilities, the Financial Times reported.

The social media platform is applying for licenses and designing the software needed to bring payments to the platform as part of Elon Musk’s drive to turn Twitter into a “super app,” the FT said, citing people familiar with the company’s plans.

Payments would focus on fiat currencies “first and foremost” according to the FT, but built to allow for crypto capabilities to be added later.

Source: The Block