Moneygram Enables Customers to Buy and Sell Cryptocurrency via Its Money Transfer App
Moneygram has launched a new crypto service to allow customers to buy, sell, and store cryptocurrencies using its mobile money transfer app. Initially, three cryptocurrencies are supported, including bitcoin and ethereum. Moneygram’s New Crypto Service Moneygram International Inc. (Nasdaq: MGI) announced the launch of a new cryptocurrency service Tuesday. The official Twitter account for Moneygram tweeted: Moneygram announces the launch of a new service enabling consumers to buy, sell and hold crypto currency via the Moneygram app. This feature gives customers in nearly all U.S. states the ability to trade and store BTC, ETH and LTC. The company is expected to expand its selection of supported cryptocurrencies in 2023, the announcement adds. According to the Moneygram website, the new service is available in all U.S. states (except Hawaii, Idaho, and New York) and the District of Columbia. “Moneygram enables instant access to over 120 currencies around the globe, and...