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World Bank remittances – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 14 Jul 2022 08:30:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png World Bank remittances – DIGIT INFO https://www.digit.info 32 32 Why Migrants Are Turning to Crypto: The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030 https://www.digit.info/why-migrants-are-turning-to-crypto-the-key-to-attaining-the-un-goal-to-reduce-remittance-costs-to-less-than-3-by-2030/ Thu, 14 Jul 2022 08:30:41 +0000 https://www.digit.info/2022/07/14/why-migrants-are-turning-to-crypto-the-key-to-attaining-the-un-goal-to-reduce-remittance-costs-to-less-than-3-by-2030/ Read more]]> The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. On the other hand, the cost is much lower than the target when cryptocurrencies are used. Global Average Higher […]

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