MoneyGram to allow retail Bitcoin buying in the US
MoneyGram to allow retail Bitcoin buying in the US. Crypto adoption among mainstream payment service companies continues to grow, with MoneyGram set to join the list. In a release issued on Wednesday, the global payment service announced a partnership with crypto exchange and Bitcoin (BTC) ATM operator Coinme Inc., to allow United States customers to withdraw their cryptocurrency holdings for cash across its point-of-sale outlets in the country. As part of the announcement, MoneyGram also revealed that customers will be able to buy BTC and crypto in an expansion of the existing crypto-to-cash model pioneered by the almost 20,000 cryptocurrency ATMs around the world. MoneyGram debuting physical Bitcoin-buying across its locations in the U.S. is also another example of fintech and payment service firms warming up to cryptocurrencies.