Western Union began to block translation of cryptanalytic

Money transfer service has banned the services or transactions related to the cryptocurrency.

Western Union почала блокувати переводи криптовалюти

International money transfer service Western Union has launched a campaign against the banking transactions related to the cryptocurrency. This writes cointelegraph.

The decision to ban the company’s services or transactions related to the cryptocurrency is regulated by internal rules.

One Reddit user reports that the company informed the cryptocurrency exchange Kraken that it does not handle transactions related to digital currencies, because it is contrary to its internal rules.

It is noted that this decision WU may adversely affect the work kruptovoti exchanges, and also consumers who use cryptocurrency.

It can also affect the profitability of the company because in the long run it will lose a lot of business, given the growing popularity of cryptocurrency in the world.

WU ban on transactions related to the cryptocurrency, similar to the actions of various financial institutions worldwide which do not allow their customers to buy and sell digital currency. Some banks have even closed the accounts associated with the cryptocurrency.

Although this is a bad precedent for the market of virtual currencies, none of the analysts do not doubt that it would have no impact on in recent times aware of bitcoins.

PayPal locks the accounts of users who are associated with cryptocurrency. It is known that the company has a negative attitude to bitcoin and other cryptanalyst.

Recall that today on the bitcoin exchange Bitfinex has updated the historical record – $ 12,160 thousand

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