<h1>After US Blocks MoneyGram Acquisition, Ant Financial Launches Blockchain-Based Remittance Service</h1>
Submitted by Anonymous (not verified) on Mon, 06/25/2018 - 23:14
“Traditional financial institutions serve 20 percent of people and make 80 percent of profits. New financial institutions should [serve] 80 percent of people and make 20 percent of profit,” declared Jack Ma, executive chairman of Alibaba.