Western Union is ready to integrate bitcoin if it will be regulated as the currency.
Amid the crypto market fall, Visa, PayPal, and Western Union filed new trademark applications involving crypto and Web3 products and services this month.
El Salvador’s new wallet, the Chivo wallet, will cost Western Union and others a loss of over $400 million as adoption continues.
Linxo users can also fund their transfers through their bank account or card, with the option of having their funds paid out into billions of bank accounts and millions of digital mobile wallets in 125 countries, as well as the numerous retail locations over 200 countries and territories.
Ripple has offloaded 2,264,113 MGI shares i.e. 33% of its stake as per the latest filing with the US SEC. The blockchain startup hasn’t given any specific reason for this decision.
Western Union is confident that stc pay is poised for expansion and further growth in the future.
XRP Ledger’s sustainable nature is expected to propel XRP transactions to escalate by nearly 1,000% by 2025, according to independent researchers’ predictions.
Goldman Sachs has sold off 9% of its MoneyGram shares worth $6.5 million. The investment banking giant revealed this is an SEC regulatory filing this week.
Security and financial technology veterans join Cred to democratize financial services.
Brazilian Banco Rendimento has joined RippleNet cloud. Cloud services are supposed to bring a lot of benefits to the financial institution like agility, transparency, and reduced cost.
The acquisition talks between Western Union and Moneygram are going on. Here’s how Ripple Labs and XRP token can be affected by this deal.
Western Union (WU) stock rose by 11% amidst the talks on the acquisition of MoneyGram. While the acquisition is nor confirmed officially, the news has stirred positive reactions in the market.
Currently, Western Union and MoneyGram are in talks on the buy offer, but no decision has been made yet. Following the rumors, both Western Union and MoneyGram stocks have soared. WU stock is over 8% up while MGI has managed to gain over 38% in the pre-market.
Though Ripple hoped that it would manage to stop its class-action lawsuit, the legal battle seems to continue.
Ripple’s XRP price may be on the road to the next big move, as the company is actively expanding the scales of its activities and joined the Top 100 Remittance Companies list being the only crypto-related company there.
Ripple has entered in a new partnership. Together with International Money Express, Inc. (Intermex) it will ensure faster cross-border payments between the U.S. and Mexico.