Recall that MoneyGram suspended trading on Ripple in February following the latter’s ongoing battle with the U.S. Securities and Exchange Commission.
In a statement issued on Wednesday, MoneyGram announced a partnership with crypto exchange and Bitcoin ATM operator Coinme. The partnership will allow United States customers to buy and sell their Bitcoin holdings for cash at thousands of brick-and-mortar stores across the country.
MoneyGram CEO Alex Holmes expressed his optimism that the move would allow his company to capture a new customer segment. He remarked:
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Source: Cryptocurrency - investing.com
