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01 March 2021

MoneyGram Drops Ripple Citing SEC Lawsuit - Decrypt

MoneyGram Drops Ripple Citing SEC Lawsuit - Decrypt


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MoneyGram Drops Ripple Citing SEC Lawsuit.

Wire transfer service MoneyGram has suspended its partnership with Ripple Labs in the wake of the SEC’s lawsuit against the crypto payments firm.

Part of the idea behind XRP is that it helps banks move money more efficiently—over the years, Ripple has partnered with traditional institutions like Santander Bank and Bank of America. .

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