Western Union Tests Transactions With Ripple

The largest money transfer service Western Union is testing blockchain-based payments with Ripple  
14 February 2018   558

During an interview with Bloomberg, Western Union CFO Raj Agrawal confirmed that the company tested the blockchain transactions. According to him, the transactions are still being tested. This cooperation did not appear to produce any significant changes in Western Union’s operations. This testing is not a key part of the business.

The company unveiled this information after more than a month of speculation. An insider claimed that Western Union was working with Ripple. In January, Ripple stated that “3 of the top 5 global money transfer companies plan to use XRP in payment flows in 2018”. This statement also raised the speculation that Western Union is already testing XRP integration.

Earlier this week, Ripple confirmed a partnership with UAE Exchange, one of the largest money transfer services in the Middle East.

Former SpaceX Engineer to Launch Crypto Exchange

Earlier CEO of LXDX Joshua Greenwald worked as the engineer on automation and propulsion systems at SpaceX
18 September 2018   92

The supplier of exchange technologies and services LXDX launches a new trading platform for digital assets. This is reported by the publication LeapRate with reference to the company's CEO Joshua Greenwald.

He said that the new platform will make institutional trade instruments available to a wide range of crypto traders.

Our immediate focus is on cryptocurrency and enabling every investor to utilize the exclusive tools, like smart order routing, that only institutions previously could access. When we built top tier infrastructure for traditional markets, our team solved many of the same problems facing cryptocurrency exchanges today. We are excited to bring a higher caliber of technology to cryptocurrency investors everywhere.
 

Joshua Greenwald

CEO, LXDX

The site will fully meet the requirements of KYC / AML.

Earlier Joshua Greenwald worked as the engineer on automation and propulsion systems at SpaceX. His startup received support from large investors, one of which was the venture fund Dymon Asia. In September, LXDX moved to Malta.