Author : Jide Adesina
Rise Of Modern Africa A “Long Awaited Expectation”: S Jaishankar
S Jaishankar made the comments during the inauguration of the renovated Mahatma Gandhi Memorial Library in the prestigious University of Nairobi. S Jaishankar said that...
G7 Announces Joint Actions on Forced Labor in Global Supply Chains
On June 13, 2021, leaders from the U.S., U.K., Canada, Japan, France, Germany, and Italy (the G7) —announced their joint actions to support and strengthen...
USAID to Supports WASH in Kebbi, Zamfara and Sokoto
‘Humanitarian crises worsen in Zamfara’ Poor access to Water, Sanitation, and Hygiene (WASH) by residents of Kebbi, Sokoto, and Zamfara states has been identified as...
President Buhari receives first ever made-in-Nigeria Mobile Phone
Nigeria’s President, Muhammadu Buhari on Wednesday received the first ever Made-in-Nigeria Mobile Phone. The President received the mobile device at a virtual Federal Executive Council...
Biden Embarks on 8-day Europe Trip with G7
President Joe Biden left the US for Britain Wednesday to start an eight-day mission to rebuild trans-Atlantic ties strained during the Trump era and to...
Markets are so Fixated on Inflation They Might Miss the Next Big Blowup, Says BlackRock
While investors have been preoccupied with rising prices, a flare-up in U.S.-China tensions could catch investors by surprise, BlackRock warns. BlackRock Investment Institute said in...
COVID-19 Relief Push, Diversity Efforts Before Congress
The U.S. Capitol dome, in Washington, on Jan. 15, 2020. TOM BRENNER/REUTERS Wall Street bank chiefs will tout the role their institutions have played in...
Biden to Meet with Floyd Family as Police Reform Deadline Unmet
A year after George Floyd’s death, Biden’s goal of signing a police reform bill is stymied by Congress. The family of George Floyd, the Black...
The Chairperson of the African Union Commission Moussa Faki Mahamat strongly Condemns the Bombardments in the Gaza
The Chairperson of the African Union Commission Moussa Faki Mahamat strongly condemns the bombardments in the Gaza Strip that killed more than 21 Palestinians, and...
Museveni dares the West to a Fight
Today Wednesday President Yoweri Museveni took oath to start his sixth term of office to extent his 35-year rule to potentially 40 years. In his...
The Oil Pipeline That Will Expand China’s Influence In Africa
Central to the expansion of Chinese and Russian influence via Iran into the space in the Middle East vacated by the U.S. since former U.S....
UEFA Champions League final to be moved from Istanbul to Portugal
With Istanbul in lockdown until at least May 17, the Champions League final will once again be moved. Manchester City and Chelsea will now vye...
Oil Prices Finish Higher Amid Lower USA Inventories
Oil rose to the highest since early March with a second straight weekly decline in U.S. crude supplies underscoring the progress the world has made...
MoneyGram Supporting Retail Bitcoin Buying In US Advertisement In partnership with Coinme, MoneyGram has announced today their intent to accept buying and selling of Bitcoin at over 12,000 US locations. The announcement also included the intent to expand support for Bitcoin internationally by the back half of 2021. MoneyGram & Coinme Partnership MoneyGram is a long-time global payments operator citing nearly 150M consumers over the past five years. Coinme is a licensed crypto exchange that also operates over 20,000 physical ATMs. The goal of the collaboration is to “bring Bitcoin to thousands of new point-of-sale locations in the U.S.” in the near term. The partnership press release also cited the company’s intent to create “global cash on and off-ramps” to “ensure access to Bitcoin”. MoneyGram CEO Alex Holmes added that the “innovative partnership opens our business to an entirely new customer segment as we are the first to pioneer a crypto-to-cash model by building a bridge with Coinme to connect Bitcoin to local fiat currency”. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! Related Reading | Real Adoption: How Will Mastercard’s Crypto Acceptance Affect Bitcoin Price? The Rollout MoneyGram and Coinme emphasized that having a service rollout that is “specifically designed for customers who may be interested in utilizing Bitcoin for the first time” was top of mind. Over the course of the next few weeks, the firms will start making transactions available throughout the 12,000 MoneyGram locations. The full rollout is anticipated to scale out over 20,000 US locations and be “fully operational in the coming weeks”. The partnership follows a number of major financial services companies ingraining crypto transactions into their day-to-day operations. CashApp has added Bitcoin transaction support, Venmo announced last month that they intend to support crypto purchases and sales, and Mastercard intends to offer support for customers cryptocurrency transactions later this year. Other fintech and tech-forward companies, such as Square and Tesla, have also added Bitcoin to their balance sheet in recent months. Coinme also has a partnership in place with Coinstar that enables crypto transactions at Coinstar kiosks throughout 6,000+ locations in the US. Accessibility to BTC has been a focal point for many companies. | Source: BTC-USD on TradingView.com MoneyGram & Crypto This isn’t the first time MoneyGram has worked to ingrain their business in the broader cryptocurrency landscape. The company had previously formulated a partnership with US-based crypto, Ripple (XRP). The partnership came to a mutually-agreeable ending in March, though the companies reiterated a commitment “to revisiting our relationship in the future”. The partnership termination came shortly after reports of an SEC-filed lawsuit against Ripple, for engaging in an unregistered securities offering through XRP transactions as early as 2013. The deal included Ripple paying transaction fees for MoneyGram using the XRP token in international settlement deals. MoneyGram is a Dallas, TX based firm publicly traded on the NASDAQ ($MGI).
1 minute read The Volkswagen I.D. Buzz is seen during the 88th International Motor Show at Palexpo in Geneva, Switzerland, March 6, 2018. REUTERS/Denis Balibouse...
Saudi Arabia’s King Salman greets Saudis, Muslims around the World on eve of Eid Al-Fitr
King Salman said this Eid is an occasion to overcome the ordeal that the world has suffered from COVID-19 Saudi Arabia’s King Salman extended greetings...
Embryo Wars: Beware Of Reliance On Fertility Clinic Forms
The more that a clinic consent form can accurately capture the patients’ true intent, the more likely that decision can be used to resolve a...
Ellen DeGeneres Will End Her Daytime Talk Show In 2022
Ellen Degeneres, seen in the press room during the 2017 People’s Choice Awards, announced she will end her show in 2022. Kevork Djansezian/Getty Images TV...
Senate Passes BBI Bill, Sets Stage for Referendum Plans
President Uhuru Kenyatta and former Prime Minister display a copy of BBI Report during the presentation at Kisii State Lodge.[PSCU] The push for constitutional review...
Kenya Moves to Cut Harmful Gas Emissions
Treasury CS Ukur Yatani (PHOTO: FILE) The government is in the final stages of establishing a carbon trading system that will minimize the emission of...