July 27, 2026

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ProBit: The Coin-2-Coin Exchange Seeking to Reinvent the Industry

ProBit: The Coin-2-Coin Exchange Seeking to Reinvent the Industry
The sad fact is, the history of cryptocurrency exchanges has been problematic at best. The very first exchange, MTGox started life as a site for Magic: The Gathering game enthusiasts to trade cards. It transformed into a bitcoin trading site, and for a while it dominated the bitcoin market before imploding in spectacular fashion. That […]

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Cryptocurrency Update: Steemit, Factom and $1 Million per Bitcoin

goldstockbull.com / By Jason Hamlin / June 9th, 2017

Western Union Speaks on Coinbase Pilot Integration

David Thompson, the CTO of global remittance giant Western Union, took the stage at MoneyConf 2017 in Madrid, Spain to speak about his outlook on digital currency and announced a pilot program with Coinbase.

Western Union’s view is that digital currencies need to be regulated and integrated into the law before they will be included on their platform. Not long ago, they tried a partnership with Ripple, but broad buy-in from other large institutions didn’t materialize.

Still, Mr. Thompson doesn’t doesn’t believe digital currencies will wipe out the remittance business. Instead, a partnership such as this with Coinbase, could be the future. “Customers have been asking us if digital currency is going to wipe out the remittance business,” he said.

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Bitcoin looking bullish.

Bitcoin looking bullish.

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