Western Union CEO Suggests His Company Could Adopt Bitcoin When It's Regulated

“But on the bitcoin, you know we settle and pay out in 121 currencies [...], once bitcoin should be regulated, by the regulator which should be a proper currency, why not we should also use bitcoin?” he responded when asked by Regan for comment on the digital currency and how it relates to their present model.
“It’s not regulated as a currency,” he added, “…that’s the issue with bitcoin.”
That’s not to say that things can’t change — but there will need to be some laws on the books.
“We are a very regulated industry,” Ersek said. “If bitcoin is regulated and the customer wants that, I mean why not?” (By Eric Calouro, http://newsbtc.com)
Last modified onSaturday, 06 May 2017 10:07
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