The Blockchain Playbook
You might be interested in …
SXSW Startups: Horizon – Austin Startups
SXSW Startups: Horizon – Austin Startups The Forrest Four-Cast: February 12, 2019 Fifty diverse startups will aim to impress a panel of judges and a live audience with their skills, creativity and innovation at SXSW Pitch […]
Why Bad Credit Isn’t As Limiting As It Used To Be
Why Bad Credit Isn’t As Limiting As It Used To Be Bad credit used to be devastating. A decade ago, if you had a poor or fair credit score, you’d find it nearly impossible to […]
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.
The post appeared first on .