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Facebook’s Novi, Strike’s Bitcoin App Spell Trouble for Western Union Stock, Analyst Says

bossOctober 20, 2021ICO

Business

BTIG analyst Mark Palmer says traditional money-transfer firms are likely to face increased pressure from crypto projects.

By Michael Bellusci

Oct 20, 2021 at 2:43 p.m. UTC

Updated Oct 20, 2021 at 2:43 p.m. UTC

Western Union (Sean Gallup/Getty Images)

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Facebook’s Novi, Strike’s Bitcoin App Spell Trouble for Western Union Stock, Analyst Says

BTIG analyst Mark Palmer says traditional money-transfer firms are likely to face increased pressure from crypto projects.

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