“Is bitcoin ready for primetime? Presenters at a recent Western Union conference didn’t think so. At its 2013 Consumer Protection & Compliance Conference last month, executives gave a presentation that said it wasn’t yet suitable for international money transfer. ‘My audience and the discussion for this slide was about retail consumer money transfer – remittances,’ said Jay Postma, president of MSB Compliance Inc, a company that consults on compliance issues for money service businesses. Bitcoin holds great promise for payments and settlement transactions, but it’ll take longer for it to catch on in the remittance market, he maintains.”
http://www.coindesk.com/western-union-bitcoin-international-money-transfer/
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Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
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