Binance has further extended the lead over its competitors in the industry after it became the first crypto exchange to receive its first set of regulatory approvals. The exchange has its first regulatory approvals in the form of three Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) licenses. Given the scale of approvals, …
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Colombians will soon be able to receive and store USDC through MoneyGram’s new crypto app, which is launching soon in app stores. MoneyGram’s digital payments app is set to launch in Colombia, offering locals a way to save in US dollar stablecoins as the Colombian peso continues to weaken.MoneyGram’s crypto service is powered by the Stellar network and leverages Crossmint for self-custody, enabling users to store the USDC (USDC) stablecoin and transfer it overseas nearly instantly. In a statement on Wednesday, MoneyGram said Colombia is the “ideal launch market” as Colombian families receive more than 22 times the money they send abroad.Read more
