Western Union says it is ready to begin working with cryptocurrencies.
It recently released a short video explaining its decision.But, critics claim the video highlights that the Company doesn't fully understand cryptocurrencies.
The video primarily has quotes from the President of Western Union Global Money Transfer, Odilon Almeida.
He says a good digital currency is the solution for volatility, governance and compliance issues.
Mr. Almeida says Western Union is uniquely ready for digital currencies because the Company has a history with them.