Key Takeaways:

• Kraken partnered with Moneygram to support crypto-to-cash withdrawals across more than 100 countries.
• Customers can access local currency through Moneygram’s regulated international cash pickup network.
• Expansion plans include local bank deposits, cross-border flows, and additional money movement options.

Kraken Moneygram Partnership Expands Crypto Cash Access

Crypto exchange Kraken announced on May 5 a strategic global partnership with Moneygram to support crypto-to-cash withdrawals through Moneygram’s international pickup network. The service will let customers convert digital assets into local currency across hundreds of fiat currencies and more than 100 countries, expanding practical access to cash-based crypto…