STORY OF THE DAY • Aug 02, 2018 • 7 min read
Remittance transfers How cryptocurrencies are helping Filipinos to cut costs
By
Janelle Retka
• Aug 02, 2018
As the Philippines continues to hold rank as the Southeast Asian country with the largest number of migrant workers heading overseas, the amount of money being sent home to family members in the island nation is rising. Using cutting-edge technology, local entrepreneurs are exploring avenues for cutting the cost of remitting money, which keeps more earnings in Filipinos’ pockets