Western Union Fined $586 Million—Coin Telegraph

Western Union Fined $586 Million for Money Laundering, Fraudulent Transfers JAN 20, 2017  By Frisco d’Anconia Remittance giant Western Union has been fined $586 mln after admitting to money laundering and supporting fraudulent wire transfers. The penalty of $586 mln will be used as a refund for the victims of the crimes. Negligence The Department…

New Virtual Regulations in Japan Welcome Bitcoin

Retailers in Japan Quickly Embrace Bitcoin Thanks To New Virtual Currency Regulation Posted on11:00 am April 5, 2017AuthorJP BuntinxCategoriesBitcoin, Bitcoin News    It is good to see Japanese retailers embrace bitcoin payments all of a sudden Bitcoin is starting to gain mainstream traction in Japan. Earlier this month, the government introduced a new regulation legalizing…