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Mizuho talks blockchain

Published 01/16/2018, 10:23 AM
© Reuters.  Mizuho talks blockchain
  • Mizuho discounts any cost savings benefit for Western Union (WU -0.7%) from blockchain technology in a fresh note to clients.
  • The Japanese firm thinks banks will steer clear of a Blockchain settlement network operated by a newbie such as Ripple. Western Union is kept at an Underperfom rating by Mizuho.
  • Last week, shares of Moneygram International (MGI -2.9%) soared after the company announced it would test Ripple payments.
  • Previously: Moneygram soars after announcing Ripple partnership (Jan. 11)
  • Previously: Crypto today: Ripple lands mainstream partnership (Jan. 11)
  • Now read: MoneyGram: The Giant Is Sinking In Deep Water, Can Ripple Be Its Lifejacket?


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