# Western Union News

Cryptocurrencies Standing in Front of Western Union Building

Western Union Claims to Be Technologically Ready for Cryptocurrency Adoption

December 19, 2018 by Rahul Nambiampurath at Adoption, Altcoins, Blockchain, Business, Development, Finance, News

In a press release and accompanying video posted on YouTube, financial services company Western Union has expressed interest in adopting blockchain technology and cryptocurrency. The video published December 17, 2018, features President Western Union Global Money Transfer, Odilon Almeida, as saying that the company could be uniquely positioned to take...

No Crypto Transfers Any Time Soon, Says Western Union’s CEO

June 16, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, Finance, News, Tech

The management of the Western Union Co. seems to believe that cryptocurrency transfers are not part of its near future, according to a statement expressed by its Chief Executive Officer, Hikmet Ersek. Despite the increasing global popularity of the use of digital currencies, the CEO of the American financial giant...