Kraken has announced a partnership with MoneyGram to facilitate crypto-to-fiat cashouts in over 100 countries. This collaboration allows Kraken users to convert digital assets into cash using MoneyGram's extensive global network. The service will initially support users in the U.S., Europe, Latin America, Africa, and parts of Asia-Pacific, with plans to expand features over time. Kraken will manage customer onboarding and compliance, while MoneyGram provides licensed money transfer services. This initiative aims to enhance financial inclusion and bridge the gap between digital assets and traditional finance.
Kraken Partners with MoneyGram for Global Crypto-to-Fiat Cashouts
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