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MoneyGram Will Let People Convert Their Crypto to Cash

mercredi 12 mai 2021, 21:08 , par TheMacObserver
On Wednesday MoneyGram announced that it will help people in the U.S. withdraw their cryptocurrency in cash (via CNBC).
Convert Crypto to Cash
The company is teaming up with Coinme, a Bitcoin exchange and ATM operator. In the next few weeks new and existing Coinme users will be able to buy crypto with cash or withdraw it as cash at a MoneyGram location.
Alex Holmes, MoneyGram’s chairman and CEO:
This innovative partnership opens our business to an entirely new customer segment as we are the first to pioneer a crypto-to-cash model by building a bridge with Coinme to connect bitcoin to local fiat currency.
Later this year the capability will roll out to international users.
Tags: Cryptocurrency

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