Social media giant Twitter appears to be moving deeper into the payments business, as reflected by a registration filed this month with the U.S. Financial Crimes Enforcement Network (FinCEN).
Twitter registered as a money services business on Nov. 3, according to FinCEN data. FinCEN oversees the activities of money service businesses in the U.S., and registered businesses must report suspicious transactions to the agency, which is part of the Treasury Department.
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