2025-10-27 03:10 |
Western Union CEO said there are “significant opportunities” to utilize stablecoins for sending and receiving money across borders. origin »
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Remittance giant Western Union is piloting a stablecoin-based settlement system to power its treasury operations and modernize how it moves money across borders. During a recent earnings call, Debin McGranahan, Wester Union’s CEO, revealed that the firm is “actively testing…
2025-10-27 10:14 | |
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Indian police have arrested Aleksej Besciokov, co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the U.S. and the European Union for facilitating money laundering. Besciokov, a Lithuanian national, was detained in Varkala, Kerala, under India’s extradition law, according to…
2025-3-13 21:39 | |
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Congressman French Hill is bringing Binance executive Tigran Gambaryan as his guest to the State of the Union address. Gambaryan spent eight months in a Nigerian prison on tax evasion and money laundering charges, which were later dropped. Gambaryan, a…
2025-3-1 23:37 | |
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Paxos, a prominent stablecoin issuer, has reached an agreement to acquire Membrane Finance, a Finland-based electronic money institution, in a strategic move to gain access to the European Union. This acquisition comes about five months after the EU’s stablecoin regulations, part of the broader Markets in Crypto Asset (MiCA) framework, were implemented. Crypto firms are […]
2024-11-19 19:10 | |
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Cryptocurrency firm Circle has achieved a significant milestone by securing registration as an electronic money institution (EMI) in France. This move grants Circle a crucial license to operate as a compliant stablecoin issuer under the European Union’s rigorous crypto laws.
2024-7-2 05:30 | |
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The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.
2024-2-24 22:58 | |
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Global money transfer powerhouse Western Union is boldly venturing into the dynamic and rapidly evolving realm of cryptocurrencies, marking a significant and strategic move in its financial landscape.
2023-8-27 12:40 | |
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Telcoin is a payments protocol project launched in 2017 on the Ethereum blockchain. It aims to allow for the transfer of money using mobile payments like Western Union, but a lot more efficient and decentralized.
2022-12-29 17:34 | |
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Western Union and PayPal are the latest multinational money transfer companies to enter metaverse trademarks The post PayPal and Western Union Continue the Metaverse Trademark Fest appeared first on NFT News Today.
2022-10-26 07:24 | |
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The nomenclature used to help the layman understand Bitcoin makes lawmakers confuse it as money instead of entries in a database. We must change the terms.
2022-7-10 10:00 | |
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Amid the geopolitical tensions, institutions within the European Union have been expediting processes to regulate cryptocurrencies. This is “in consideration of the increasing number of the crypto asset and service providers across Europe, global financial challenges, increased money laundering activities, and possible financing of terrorism associated with virtual currencies”, according to the Lithuanian government. Against this […]
2022-6-12 22:27 | |
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Lithuania is taking cryptocurrency regulation seriously. The institutions of the European Union are urged to expedite the process of regulating cryptocurrencies in consideration of the growing number of crypto-asset service providers in Europe, current global challenges, and the increased risk of money laundering and terrorism financing associated with virtual currencies. In an effort to combat money […]
2022-6-10 13:31 | |
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A16z, Coatue and Union Square Ventures are all committing money.
2022-5-10 16:00 | |
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Bitso, Coinbase and Circle have launched new services, tapping into the money flow between Mexico and the US and taking on established players like Western Union.
2022-4-28 21:40 | |
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Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union’s securities, banking, and insurance watchdogs said in a joint statement (pdf).
2022-3-19 19:00 | |
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The EU has released a new warning to crypto users in the region. The regulatory framework of digital assets in the bloc continues to move through the union's legislative process.
2022-3-18 23:49 | |
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The EU has released a new warning to crypto users in the region. The regulatory framework of digital assets in the bloc continues to move through the union's legislative process.
2022-3-18 23:49 | |
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Telcoin is a payments protocol project launched in 2017 on the Ethereum blockchain. It aims to allow for the transfer of money using mobile payments like Western Union, but a lot more efficient and decentralized.
2021-10-5 01:38 | |
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Money services providers could lose $400 million a year in commissions for remittances thanks to bitcoin, increasing Salvadorans’ money.
2021-9-9 18:51 | |
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Bitcoin-bull Anthony Pompliano said “get out and get away” to people invested in legacy money transfer firms. The post Pompliano: Western Union leaving Afghanistan is why the world needs Bitcoin appeared first on CryptoSlate.
2021-8-25 22:00 | |
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The European Commission (the executive arm of the European Union) has put forward new proposals that urge tighter regulation of anonymous wallets and cryptocurrency transfers in a sweeping effort to quell money laundering activities.
2021-7-21 12:14 | |
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The EU is stepping up its anti-money laundering (AML) game and crypto monitoring with the introduction of a new agency. European Commission Proposes New Anti Money Laundering Regulator Documents seen by Reuters confirmed that the EU bloc is taking a tougher stand on money laundering, terrorist financing, and organized crime.
2021-7-9 19:39 | |
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The world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2. 1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a new stimulus relief act amid July’s unemployment extension benefits expiring.
2020-7-23 03:15 | |
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European Union member Estonia is now cracking down on cryptocurrency firms to attack money laundering in the country. Estonia has been in the spotlight for Europe’s biggest money-laundering scandal, about €200 billion were laundered from Denmark’s biggest financial institution Danske Bank’s Estonian branch from 2007-2015.
2020-6-12 18:07 | |
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THE PUSH FOR MORE FINTECH AND AI DEVELOPMENT DURING COVID19, A KEY DISCUSSION AT TECH CONFERENCE EUROPE VIRTUAL EDITION. Europe – 25 May 2020 – #tce2020ve Money is an overwhelming subject, even more so during a pandemic.
2020-5-28 15:37 | |
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Western Union, one of the world’s most recognized money transfer services, has discreetly piloted Ripple’s distributed ledger technology and is mulling using it for its remittance services. This is according to equity research conducted by Credit Suisse dated January 24, 2020.
2020-4-14 23:10 | |
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According to the research by investment bank Credit Suisse, the international money transfer service provider, Western Union is currently testing and considering the usage of Ripple (XRP). The report from late January 2020 reads, “Western Union: Testing and considering use of Ripple (XRP) for cross-border (Ripple has made a $50mm investment in Western Union competitor, […]
2020-4-14 18:27 | |
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Moneygram, – The second-largest money transfer company in the world (after Western Union) – reported an $11. 3 million profit, obtained after its alliance with Ripple, implementing Ripple’s ODL solution, through its Annual Report to the U.
2020-3-23 10:02 | |
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According to a new bill on the Fourth Money Laundering Directive drafted by the European Union (EU), banks could be authorized to offer digital assets services including storage for customers. Germany would likely be the first nation to adopt the proposal.
2019-11-30 18:00 | |
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A petition to ban ‘Facebook money’ posted on WeMove. EU has garnered some 50,000 signatures out of 75,000 needed. The petition is being done in partnership with the NGO, Finance Watch.
2019-10-5 18:34 | |
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Facebook is having a hard time convincing regulators and lawmakers to approve its new digital coin Libra. Now that both the United States and India have presented concerns about the project, it was the time for the European Union to do it.
2019-8-21 23:58 | |
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Recently, the second-largest money transfer system in the world, MoneyGram, started using the xRapid product of California-based fintech startup Ripple to make cross-border payments. Currently, MoneyGram serves millions of customers in more than 200 countries over the world.
2019-8-10 14:28 | |
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With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP).
2019-8-8 13:00 | |
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One of the largest providers of global money transfers is ready for cryptocurrency. MoneyGram, which ranks just behind Western Union in cross-border transfers, is now ready to use Ripple’s xRapid network, which uses the XRP currency.
2019-8-4 17:17 | |
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Union Bank of the Philippines will experiment with the use of blockchain tech for remittances, allowing overseas Filipino workers to exercise more control over who receives any money sent back home.
2019-7-24 00:05 | |
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Following a Spanish investigation into a gang’s recently-busted money laundering operation, the nation’s police force claim to have exposed gaps in the European Union’s regulations designed to prevent money laundering.
2019-7-12 02:00 | |
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To provide a faster alternative to the euro, Germany's dominant political parties, the Christian Democratic Union of Germany and the Christian Social Union, are mulling over the prospects of a digital euro, or "e-euro," that would act as a digitized version of a small part of the existing money supply.
2019-7-2 00:25 | |
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Coinspeaker Western Union is Five Times Cheaper Than Ripple, Claims CEOWestern Union CEO is sure: digital currencies and the blockchain have great potential of acting as a processing system for payments, however, he claims that sending money with Ripple is 5-times more expensive than Western Union.
2019-6-22 13:45 | |
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The cryptocurrency community does not often impact the traditional financial industry, but the GlobalCoin is causing a bit of a shift. Today, Facebook officially unveiled their Libra project, which will be the new cryptocurrency from the social media platform.
2019-6-19 02:28 | |
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It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that.
2019-5-13 21:33 | |
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Delta Airlines is passing around anti-union posters comparing union dues to the price of a new console, implying the latter will bring employees more joy than the former. And this particular message is uniting both gamers and pro-union labor leaders in a single message: WTF, Delta? The message, a poster emblazoned with a non-brand-specific controller, was spotted by Common Dreams writer Eoin Higgins.
2019-5-11 02:26 | |
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Cryptocurrency businesses in Finland will now have to register with the country’s financial watchdog. As a result of the ACT OF VIRTUAL CURRENCY PROVIDERS, which comes into force on May 1, businesses will have to adhere with statutory requirements, including holding and protecting client money, segregating client money and own funds, and ensuring compliance with anti-money laundering regulation.
2019-4-29 17:31 | |
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Another criminal use case of Bitcoin on the dark web is brought to light, this time in New York, Manhattan Earlier this week, a District Attorney’s Office in Manhattan published a press release, detailing a.
2019-4-25 09:34 | |
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In what the Manhattan District Attorney calls the first crypto money laundering conviction in New York, two defendants have pleaded guilty to running a drug trafficking business that laundered millions of dollars in Western Union and crypto payments.
2019-4-25 20:37 | |
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New York has seen the first conviction for cryptocurrency money laundering in a case that involves $2. 8 million dollars. On April 24, the Manhattan District Attorney’s Office announced that the defendants Callaway Crain and Mark Sanchez laundered the aforementioned amount of money using virtual currencies.
2019-4-24 20:01 | |
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A case involving millions of dollars in bitcoin and Western Union payments resulted in New York State's first conviction for crypto money laundering.
2019-4-24 15:00 | |
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Two US men have pleaded guilty to running a steroid and controlled substance business that laundered millions of dollars in cryptocurrency and Western Union payments. Representing the first conviction for money laundering involving cryptocurrency by New York State prosecutors, the defendants sold their products, which they made, marketed, and shipped, on a website they controlled called ‘NextDayGear,’ as well as on the dark web.
2019-4-24 12:58 | |
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Crypto wallet provider Coins. ph has partnered with U. S. financial service company Western Union to enhance cross-border transfers to the Philippines. The partnership will grant over 5 million Coins.
2019-4-10 00:19 | |
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Coinspeaker Western Union Teams Up Digital Wallet Coins. ph for Enhanced Cross-Border TransfersNow Filipinos can receive and hold international money transfers initiated from Western Union’s digital network in more than 60 countries and retail network in more 200 countries and territories.
2019-4-9 10:59 | |
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The Bitcoin price has stabilized above $92,000 after a period of notable fluctuations, with eyes now on the interplay between institutional flows and market sentiment. At press time, Bitcoin was trading at around $92,829, rebounding from recent lows near $83,800, while Bitcoin ETFs have shown a mixed performance, breaking a streak of consecutive inflows that […]
The Build on Bitcoin (BOB) coin has experienced a remarkable surge in value, signalling one of its most significant price movements in recent months. At press time, BOB was trading at approximately $0.
The cryptocurrency market is showing signs of stability following days of heavy selling pressure. Bitcoin reclaimed the $93k level a few hours ago, adding 7% to its value in the last 24 hours. The recent positive performance comes amid renewed bets that the Federal Reserve is nearing its first rate cut of the cycle. Fed […]
Bitcoin might reach $110K, but DeepSnitch AI is already up 67% as investors pour over $650K into the presale. Discover why DSNT might be the biggest crypto moonshot of 2026.
Bitcoin faces a pivotal point as price approaches the key $98,000 Fibonacci level that could confirm reversal momentum or trigger deeper corrective movement.
Onchain news site, Lookonchain reported that a big Bitcoin whale, who did a huge leveraged short, has capitulated on a huge position of around $91 million.
Bitcoin could be preparing to turn a corner after a period of seasonal weakness, according to BTIG chief technical strategist Jonathan Krinsky. The world’s largest cryptocurrency has climbed steadily in recent sessions, and analysts suggest historical patterns may support further strength into the year-end.