According to a press release, payment company MoneyGram released a new Bitcoin and crypto service for its mobile app. The company lets U.S. customers purchase, sell, and hold digital assets on its platform. Related Reading: Bitcoin Miner Selling Power At Lowest For 2022, Green Sign For Market? The service was launched with Coinme, a crypto exchange, and crypto service provider. MoneyGram and Coinme partnered in 2021. At that time, the partners launched the first in-store crypto trading service. This product allowed users to access Bitcoin and crypto across thousands of point-of-sale in the United States. The companies have been working on expanding their cooperation and n onboarding more users to the crypto space. These efforts translated into developing that crypto-to-fiat model to the recent launch Bitcoin trading service in the MoneyGram app. MoneyGram Embraces Bitcoin And Crypto The payment company has been working with Coinme, Stellar, G-Coin, and other partners to improve its crypto capabilities. Their crypto integration with its mobile app is just one of many blockchain-enabled payment features. The service allows users to trade and hold Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). Alex Holmes, MoneyGram Chairman, and CEO said the following about their newest feature and the company’s vision on Bitcoin and cryptocurrencies: Cryptocurrencies are additive to everything we’re doing at MoneyGram. From doll...
