Category: MoneyGram

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Prolific Bitcoin Dealer ‘Blew a Giant Hole’ Through US Legal Framework

Prolific Bitcoin Dealer 'Blew a Giant Hole' Through US Legal FrameworkA Mexico-based “prolific bitcoin dealer” has been indicted and held without bond in the US on a number of international money laundering charges. He used Bitfinex for his exchange needs after Coinbase closed his account. His “activities ‘blew a giant hole’ through the legal framework of U.S. anti-money laundering laws,” the Department of Justice wrote. […]

The post Prolific Bitcoin Dealer ‘Blew a Giant Hole’ Through US Legal Framework appeared first on Bitcoin News.

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Blockchain Tech Still Has Long Way to Go in Financial Industry: Ripple Executive

The financial industry has been one that has embraced blockchain technology, with many leading global banks investing in their own private blockchains as well as industry collaborations. The degree to which such ventures have succeeded has varied among banks, with some like Santander stating that their blockchain initiatives have been very successful. Others have been […]

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MoneyGram Confirms XRP Integration Is an Internal Pilot Program

TheMerkle MoneyGram XPR Internal PilotEarlier this week, MoneyGram made it clear that it is more than willing to experiment with Ripple’s technology. Additionally, the remittance giant will use XRP for some of its day-to-day operations. The company has now clarified its position in this regard, as it will only run a pilot program for the time being. It has yet to be determined whether or not MoneyGram will use XRP for its consumer-oriented products in the future. MoneyGram Will Trial XRP When news broke about MoneyGram using XRP, it seemed a lot of people assumed the company would use this new asset for day-to-day operations. As is usually

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Markets Update: Cryptos Look for Relief After South Korea Mainstream Media FUD Causes Losses

Markets Update: Cryptos Look for Relief After South Korea Mainstream Media FUD Causes LossesThere’s been a lot of uncertainty stemming from the mainstream media’s portrayal of South Korea’s digital asset economy, and rumors of a trading ‘ban’ has triggered some significant cryptocurrency market volatility. The price of bitcoin took a tumble downwards yesterday evening to the $12,775 USD zone around 11 pm EDT, after it came close to […]

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