26 Jun '14, 10am

Western Union Open to Bitcoin 'If Regulated as Currency'

Western Union Open to Bitcoin 'If Regulated as Currency'

Western Union CEO Hikmet Ersek has said his company is open to the idea of using bitcoin, but only once the digital currency is fully regulated. In an interview with Bloomberg TV , Ersek discussed how the company deals with security concerns and its role as a global jobs creator. However, the bitcoin bombshell is what makes the interview most interesting for cryptocurrency enthusiasts and investors. Regulation vital When asked about the potential threat coming from bitcoin, which offers a far cheaper way to move value around the globe , especially considering Western Union’s “expensive” pricing, Ersek argued that, if the service was too expensive, customers wouldn’t use it. He then pointed out that Western Union already offers the ability to move 121 different national currencies, and that, notably, bitcoin could become one of them, but only if it is properly regulated: “O...

Full article: http://www.coindesk.com/western-union-open-bitcoin-regula...

Tweets

Bitcoin can untwist Western Union’s wire issues via @maxkeiser

Bitcoin can untwist Western Union’s wire issues...

maxkeiser.com 26 Jun '14, 11pm

Western Union CEO Hikmet Ersek said in an interview on Bloomberg TV that the company would open up to Bitcoin once it is r...

Bitcoin has a future, but maybe not as a currency

cbc.ca 25 Jun '14, 9am

In the course of its five-year run, bitcoin has been heralded as a beacon of hope by those who mistrust banks and an objec...

Bitcoin has a future, but maybe not as a currency

cbc.ca 25 Jun '14, 9am

In the course of its five-year run, Bitcoin has been heralded as a beacon of hope by those who mistrust banks and an objec...

1 Bitcoin

digitalcurrencydb.com 26 Jun '14, 7pm

Toggle navigation Digital Currency Database Home BTC/USD LTC/USD NMC/USD PPC/USD NVC/USD

It's David vs. Goliath in race to launch NY's first regulated bitcoin exchange

It's David vs. Goliath in race to launch NY's f...

nypost.com 25 Jun '14, 2pm

Bitcoin’s future might come down to David versus Goliath. Nasdaq, the stock exchange known for its high-tech stocks, and M...

Bitcoin as a Legal Currency in Currency Bill is...

thedomains.com 27 Jun '14, 7pm

California Bill AB-129 Lawful Money passed the California Senate on June 19, and the Assembly on June 23. The bill now awa...

#SMO Bitcoin as a Legal Currency in Currency Bi...

topseowebsitesdesign.com 27 Jun '14, 9pm

California Bill AB-129 Lawful Money passed the California Senate on June 19, and the Assembly on June 23. The bill now awa...

Open Design. It is The Way.

hackaday.com 30 Jun '14, 2pm

Hmm, I wonder about that. I noticed your comment because I was recently having a discussion on exactly this topic with som...

One Last Love Letter To Western States

One Last Love Letter To Western States

irunfar.com 27 Jun '14, 10am

The river crossing itself makes everything seem okay. We have been through the good times and bad times and our relationsh...

#Bitcoin

#Bitcoin

deloitte.wsj.com 24 Jun '14, 9am

Virtual Currency: Bitcoin and Beyond, Part 1 Even with virtual currency’s notorious growing pains, a “bitcoin economy” tha...

The New Data Currency In A Digital World

The New Data Currency In A Digital World

searchengineland.com 03 Jul '14, 1pm

The list of options on the performance marketing menu has been growing steadily. Whereas search had historically been the ...

Is Bitcoin for You?

online.barrons.com 27 Jun '14, 4pm

Editor's Note: Michael Terpin is the co-founder of BitAngels, an angel network for digital currency startups. He is also C...

Pizza Shop: We're Being Extorted for Bitcoin. W...

gizmodo.com 01 Jul '14, 10pm

Bitcoin, the preferred currency of hackers, fraudsters, and e-based ruffians everywhere, is now being extorted right in yo...

Easily the most fun I've ever had interviewing ...

irunfar.com 25 Jun '14, 10am

Few people love a race as much as Andy Jones-Wilkins loves the Western States 100 . This year, AJW will be going for his 1...

Pam Smith Pre-2014 Western States 100 Interview

irunfar.com 26 Jun '14, 11pm

After a disastrous run at the 2012 Western States 100 , Pam Smith had an ambitious plan for her 2013 race. Did she ever ex...