Moneygram acquired a 4% stake in crypto ATM operator Coinme

Payment operator MoneyGram has become a minority shareholder in crypto ATM operator Coinme. According to MoneyGram, the company’s investment policy is a continuation of the strategic partnership with cryptocurrency exchange Coinme, which the parties announced in May 2021. The integration of MoneyGram and Coinme will provide customers with a quick and easy way to conduct foreign exchange transactions, buy BTC for cash and withdraw money back to fiat. The parties do not disclose the actual…

Salvador will issue bonds in bitcoins for $ 1 billion

Bills to create legal support for the issue of Volcano Bonds denominated in bitcoins have been sent to the El Salvadorian Congress. El Salvador’s Finance Minister Alejandro Zelaya said that bills would soon be brought before Congress to ensure the legitimacy of the Volcano Bonds, Reuters reported. The government continues to work to create a legal framework governing the issuance of Bitcoin-denominated securities. The twenty bills to be approved in Congress are aimed at “providing…