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A comment on El Salvador’s new Bitcoin wallets could cost Western Union $400M a year. Parent comment

Re:El Salvador’s new Bitcoin wallets could cost Western Unio... by potiuper on Thursday September 09, 2021 @09:44AM (#28469601)
Exclusivity agreements https://en.wikipedia.org/wiki/Western_Union#Anti-competitive...
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Re:El Salvador’s new Bitcoin wallets could cost Western Unio... by lotsofpulp on Thursday September 09, 2021 @09:48AM (#28469647)
That makes sense. I would not have thought even a poor country’s bank would agree to that. But it does not seem to be a problem in El Salvador today.

The situation is also getting better based on this report linked in Wikipedia:

http://www.remesas.org/files/exclusivityWP9.pdf

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Re:El Salvador’s new Bitcoin wallets could cost Western Unio... by el-salvador on Thursday September 09, 2021 @09:59AM (#28469764)
Most banks are not WU exclusive in El Salvador.
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