On the 14th, Polygon Labs announced the completion of its acquisition of U.S. cryptocurrency company Coinme, initially announced in January. The company plans to integrate regulated U.S. fund transfers into its payment infrastructure, the 'Open Money Stack.' This platform is already operational, with Tazapay, Mesh, Tok, and Kira as the initial adopters.
Regarding the acquisition's background, Polygon stated that large-scale fund transfers on the blockchain are most beneficial when connected to existing accounts and payment networks...