Polygon’s Coinme acquisition extends regulated payments reach to 48 states

Polygon’s acquisition of Coinme, completed on October 14, gives its blockchain payments operation a regulatory footprint spanning 48 US states. The deal brings state money-transmitter licences, exemptions and federal registration into Polygon Labs’ effort to connect on-chain settlement with regulated US money movement. Key takeaways Coinme brings 37 state licences and 11 exemptions to Polygon. […]