International money-remittance firm MoneyGram is partnering with Ripple to test the startup’s XRP token for international payments. According to a press release, MoneyGram will test Ripple’s xRapid service due to its claimed speed and cost efficiency. The release noted that XRP transaction fees are significantly less than those of the bitcoin network. While existing money transfer […]

Senior officials in Ukraine are forming a new working group on cryptocurrency regulation, the country’s government announced on Thursday. During a meeting on cybersecurity and infrastructure matters, National Security and Defense Council chief Oleksandr Turchynov remarked that a lack of regulation around the tech constitutes a threat to Ukraine’s economy and security, according to a statement released […]

Billionaire and ex-fund manager Mike Novogratz has unveiled the launch of a cryptocurrency “merchant bank.” Novogratz, a former chief investment officer for Fortress, is behind Galaxy Digital, which according to a Jan. 9 announcements will constitute a “full service, digital assets merchant bank.” Described by some as a kind of “Goldman Sachs for crypto,” Bloomberg reports that […]