Moneygram to enable users to buy, sell and hold cryptocurrency via mobile app

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Moneygram to enable users to buy, sell and hold cryptocurrency via mobile app
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Through the MoneyGram mobile app, US users will now be able to buy BTC, ETH, and LTC, and hopes to include a bigger selection of tokens in 2023.

The digital payments company said that it plans to add more digital currencies to its app in 2023, as global regulations allow.“As consumer interest in digital currencies continues to accelerate, we are uniquely positioned to meet that demand and bridge the gap between blockchain and traditional financial services thanks to our global network, leading compliance solutions, and strong culture of fintech innovation.

The rollout of this latest crypto-related initiative is a 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 licensed crypto exchange and API-driven crypto-as-a-service provider, Coinme.

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