The move follows the latest sanction from the Trump administration.
The money transfer giant has teamed up with blockchain startup Coins.ph to enable residents of the Philippines to directly receive cash remittances.
Western Union could soon be sending people's funds via an integration with Coinbase, the remittance firm's CTO has revealed.
Money transfer giant Western Union is seeking a patent for a transaction analysis system that could be applied to digital currencies like bitcoin.
CoinDesk speaks to MoneyGram executive vice president Peter Ohser about why he believes bitcoin will fail to disrupt the remittance market.
Often a topic of contention in the bitcoin community, CoinDesk has rounded up some of the most high profile patent submissions filed to date.
Global payments giant Western Union is keeping quiet about its rumored plans to tap distributed ledger technology.
Global remittance giant Western Union is reportedly working on a pilot program with decentralized payment protocol provider Ripple Labs.
Western Union's BitLicense comment suggests it may be seeking to learn how it could adapt its services in the face of competition from bitcoin.
The NYDFS has published all public comments on the BitLicense, revealing concerns from Amazon, Walmart and Western Union.
Western Union has forced Facebook to remove a bitcoin parody of one of its ads.
Western Union chief information officer John "David" Thompson says bitcoin is innovative but its success on a global scale remains uncertain.
CEO Hikmet Ersek is open to using bitcoin in payments, but only once the digital currency is fully regulated.
Big-name companies are attempting to own concepts pertaining to digital currencies. How worried should we be?
Western Union CEO Hikmet Ersek critiqued bitcoin today, suggesting it is currently ill-equipped for cross-border payments.