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Western Union Planning to Launch a Crypto Token? – Here’s What You Need to Know
26.10.2022
Western Union has filed three trademark applications associated with digital assets, suggesting that the international money transfer company might be preparing to offer crypto-related services.
In a Tuesday tweet, trademark attorney Mike Kondoudis said that the three trademarks cover various...
Paypal and Western Union File Trademarks for Wide Range of Crypto Services
26.10.2022
Financial services companies Paypal and Western Union have each filed three new trademark applications covering a wide range of crypto services. Paypal’s applications are also for the payments giant’s logo. Paypal’s New Trademark Filings for Crypto Services Paypal Inc....
Western Union Suspends Operations in Russia, Belarus Over Ukraine War
12.3.2022
Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western...
Remittance firms hesitant to support BTC despite legal tender law in El Salvador
14.6.2021
Remittance firms operating in El Salvador appear reluctant to support Bitcoin despite the country's new law mandating the crypto asset as legal tender
End of Western Union Remittance Service to Cuba a Boon for Crypto
23.11.2020
As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement...
Western Union Suspends US Dollar Transfers to Cuba
17.11.2020
The move follows the latest sanction from the Trump administration
Western Union Makes Takeover Offer for MoneyGram
2.6.2020
According to Bloomberg, financial giant Western Union has made an offer to purchase cross-border payments company MoneyGram
Facebook Reveals Plans of Launching Its Cryptocurrency ‘GlobalCoin’ in 2020
24.5.2019
As per the latest reports doing the rounds since today morning, Facebook is all set to introduce its own digital currency next year. The crypto referred to as ‘GlobalCoin,’ is most likely to hit the market in the 1st quarter of 2020 officially. If everything goes according to the social networking...