On one hand, news that Western Union could easily adopt #cryptocurrencies has been welcomed by cryptocurrency users. The move indicates possibility of leading financial service brands entering the industry.
Qupon CEO, Joseph Oreste says, "Integrating old and new systems is a good way of exposing the public to this new currency. Perhaps it may be cheaper to send a cryptocurrency rather than money orders. It seems that #blockchain has resolved much of the need for services like #WesternUnion."
#CRYPTO #CryptoIndustry #CRYPTOCURRENCY #digitalassets
The international money transfer has continuously been a growing industry since it first entered the market in the 19th century. The wire transfers are significantly faster compared to traditional…