Major international money-transfer service, MoneyGram, has received primary takeover interest from Stellar Development Foundation and Advent International.Read more
MoneyGram is partnering with Coinme to allow customers to buy Bitcoin with cash.
The service will roll out at 20,000 outlets across the U.S. this year.
Bitcoin has enjoyed a wave of mainstream adoption this year, with major banks and firms starting to adopt the asset.
MoneyGram is partnering with Coinme to enable the cash funding and payout of digital currency purchases and sales.
The partnership will pair MoneyGram’s mobile, API-driven payments platform with Coinme’s proprietary cryptocurrency exchange and custody technology.
Crypto adoption among mainstream payment service companies continues to grow, with MoneyGram set to join the list.
In a release issued on Wednesday, the global payment service announced a partnership with crypto exchange and Bitcoin (BTC) ATM operator Coinme Inc.
MoneyGram, a major international remittance money transfer service, has made an official statement regarding the recent SEC suit filed against Ripple.
MoneyGram has a commercial agreement with Ripple dating back to June of last year.Read more
Global money transfer service MoneyGram has clarified the nature of its collaboration with its blockchain partner Ripple following the latter’s recent probe by the U.S. Securities and Exchange Commission.
In a press statement issued on Dec.
Ripple Labs has sold a huge chunk of its 2019 investment in MoneyGram.
Per a Friday night filing with the Securities and Exchange Commission on Friday night, from Nov. 27 through Dec. 4, Ripple Labs managed to sell 2,264,113 shares of MoneyGram (MGI). The tech firm netted a total of $15,303,792.