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According to the New York Times, Twitter applied for registration with the Financial Crimes Enforcement Network.
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FinCEN is the federal bureau that combats illicit financing in the United States.
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Twitter already allows creators to get Bitcoin tips from their fans via Strike's API.
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The API uses the Bitcoin layer-2 Lightning Network's micropayment channels to conduct an off-chain transaction.
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The API then bundles multiple transactions and sends them to the main chain. Fans can also tip creators with cash.
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Upcoming plan by Elon Musk is a blockchain-based Twitter version. The 'tweets' are embedded in the transaction.
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Musk explained that you would have to pay 0.1 Doge for each comment or repost.
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Or Twitter may also be able to process DOGE payments to fight spam bots.
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