Can cryptocurrencies replace cash remittances?

Press/Media: Expert Comment

Description

Andrei Kwok, a senior lecturer in the Department of Management at Monash University in Malaysia, suggested that another alternative is the introduction of digital and financial literacy programs for locals of these developing countries. When understood correctly, using cryptocurrencies might diversify alternative services and improve accessibility for the underbanked.

Period13 Oct 2022

Media contributions

1

Media contributions

  • TitleCan cryptocurrencies replace cash remittances?
    Degree of recognitionInternational
    Media name/outletKernel
    Media typeWeb
    Country/TerritoryUnited States of America
    Date13/10/22
    DescriptionAndrei Kwok, a senior lecturer in the Department of Management at Monash University in Malaysia, suggested that another alternative is the introduction of digital and financial literacy programs for locals of these developing countries. When understood correctly, using cryptocurrencies might diversify alternative services and improve accessibility for the underbanked.
    URLhttps://www.kernelmag.io/2/cryptocurrencies-remittances
    PersonsAndrei Kwok
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