remittance scam: NRIs experiment with Cryptos for remittances: Deciphering the risks and opportunities – The Economic Times Video

Remittances in India are pegged at about $80 billion, primarily transferred via banking or different monetary channels. These days, many Indians are experimenting with cryptocurrencies to remit cash to their households again house and save on commissions charged by wire switch corporations and different intermediaries. ET’s Sachin Dave deciphers the cryptic dangers and alternatives of cryptocurrencies and remittances, Watch.