Western Union Planning to Launch a Crypto Token? – Here’s What You Need to Know
Source: Western Union Western Union has filed three trademark applications associated with digital assets, suggesting that the international money transfer company might be preparing to offer crypto-related services. In a Tuesday tweet, trademark attorney Mike Kondoudis said that the three trademarks cover various applications including managing wallets, exchanging digital assets and commodities derivatives, issuing tokens of value, and brokerage and insurance services. "Western Union has filed 3 trademark applications claiming plans for Financial + Banking + Insurance Virtual currency exchange + transfer Commodity and Crypto trading + brokerage Issuing tokens of value …and much more," Kondoudis said in the tweet. Western Union is a major provider of cross-border remittance services. The company has been relatively cautious regarding its crypto interactions so far but has expressed interest in the industry. Back in 2015, the interna...