🇺🇸🇵🇭Starting Jan 1 2026, the U.S. will levy a 1 % tax on cash remittances sent abroad under Trump's One Big Beautiful Bill.
• Applies to money orders, cashier’s checks, cash transfers
• Digital bank wires & card payments are exempt
About 880k Filipino Americans rely on cash channels- some may start exploring lower-cost digital or crypto options to sidestep the new fee👀