Western Union is trialing an integration with Coinbase

posted 3 months ago
Western Union is trialing an integration with digital currency exchange Coinbase, in which Western Union will appear within the web app of the exchange.

In conversation with CoinDesk, Western Union CTO David Thompson revealed that the project entered into development last fall, and is currently being piloted with Western Union employees. No launch date has been set, but an announcement could be forthcoming.

Thompson stressed, however, that it will not be for digital currency transactions, but instead, on the back-end for fiat transfers.

He said:

"Until digital currencies become regulated and integrated into the law, we are not going to include that on the platform. Our regulators are quite direct with us; it’s not something they are allowing us to enable."

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