Moneygram to allow users to buy, sell and hold cryptocurrencies through a mobile application
According to the company, users in certain regions can now trade and store Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
New
Global peer-to-peer (P2P) digital payments company MoneyGram announced on November 1 that users in nearly every US state and the District of Columbia can buy, sell and hold cryptocurrencies; specifically, Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC), through its MoneyGram mobile app.
The digital payment company said it plans to add more digital currencies to its app in 2023, as allowed by global regulations.
Alex Holmes, Chairman and CEO of MoneyGram, said:
“As consumer interest in digital currencies continues to accelerate, we are uniquely positioned to meet this demand and bridge the gap between blockchain and traditional financial services through our global network, our industry-leading compliance solutions and our strong culture of fintech innovation."
The rollout of this latest crypto-related initiative is part of the company's vision to increase adoption by bringing "real-world cryptocurrency and blockchain use cases" to life. Moneygram shared that this crypto addition to its app was made possible through its partnership with a licensed crypto exchange and API-driven crypto-as-a-service...
According to the company, users in certain regions can now trade and store Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
New
Global peer-to-peer (P2P) digital payments company MoneyGram announced on November 1 that users in nearly every US state and the District of Columbia can buy, sell and hold cryptocurrencies; specifically, Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC), through its MoneyGram mobile app.
The digital payment company said it plans to add more digital currencies to its app in 2023, as allowed by global regulations.
Alex Holmes, Chairman and CEO of MoneyGram, said:
“As consumer interest in digital currencies continues to accelerate, we are uniquely positioned to meet this demand and bridge the gap between blockchain and traditional financial services through our global network, our industry-leading compliance solutions and our strong culture of fintech innovation."
The rollout of this latest crypto-related initiative is part of the company's vision to increase adoption by bringing "real-world cryptocurrency and blockchain use cases" to life. Moneygram shared that this crypto addition to its app was made possible through its partnership with a licensed crypto exchange and API-driven crypto-as-a-service...
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