After mocking Bitcoin, Western Union gets patent on exchange for ‘alternative currencies’

By Techdirt
Wednesday, May 7, 2014 19:25 EDT
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Bitcoins (AFP)
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Western Union Gets A Patent On An Exchange For ‘Alternative Currencies’ (via Techdirt)

Remember how the USPTO isn’t supposed to be granting patents on “abstract ideas” like escrow services or payment settlements? Right, so it appears that on April 1st (yes, April Fool’s Day) of this year, the US Patent Office granted Western Union a patent…

[Image via Agence France-Presse]

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