Western Union ready to accept cryptocurrencies

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.

comments powered by Disqus
More Stories
Most Popular
Speid and Chung set to join JFF board
Agro-Economic zone being established in St....
Increased revenue in Jamaica boosts revenue...