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Ethereum

Polygon Completes Coinme Deal to Expand US-Regulated Payments

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Polygon Labs has completed its acquisition of Coinme, bringing regulated U.S. money-transfer services into its Open Money Stack payments platform. The move gives Polygon coverage across 48 U.S. states and connects banking access, stablecoin transfers and blockchain settlement infrastructure. The company is targeting businesses that need to move money between traditional financial systems and digital assets. According to Polygon’s official announcement , Coinme brings 37 state money transmitter licenses and 11 applicable exemptions. The business is also registered with the Financial Crimes Enforcement Network (FinCEN) as a money services business.

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