Research: Filipino Millennials and OFWs Embrace Cryptocurrencies
A recent study reveals that more and more Filipinos, mostly millennials and OFWs, are considering cryptocurrencies for remittances and savings.
A recent study reveals that more and more Filipinos, mostly millennials and OFWs, are considering cryptocurrencies for remittances and savings.
Mastercard experienced a cross-border transaction volume decrease in Q1 2018 because of banks’ refusal to accept cryptocurrency transactions.
Amidst the increasing popularity of virtual currencies such as bitcoin, cash is still king in the Philippines according to BSP Governor Nestor Espenilla.
Coinsecure, a cryptocurrency exchange based in India, lost 440 BTC due to theft on mid-April 2018.
CoinMarketCap, the website that can track major coins and altcoins just launched its official mobile application.
Abra, the app that can hold 20 cryptocurrencies and 50 fiat currencies, is adding five more cryptocurrencies in its belt.
The United Nations Children’s Fund (UNICEF) Australia is now tapping cryptocurrency mining to raise funds for children.
TraXion’s wallet has the ability to save, invest, pay, load, and even lend. It is like a bank in your wallet riding on the blockchain technology.
Union Bank CEO stated that the Filipino workforce should learn the blockchain to meet its incoming demand.
AMD also said that while crypto mining added to their revenue, it is not yet a major factor in the company’s growth.