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Many Indian expats turn to crypto to remit money
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economictimes.indiatimes.comIn October for the first time, Roychaudhary bought cryptocurrencies worth half that amount — ₹1 lakh — and his wife who has access to his wallet could use the sum when needed. Roychaudhary like many Indian, Pakistani, Bangladeshi and Filipino expats are increasingly experimenting with cryptocurrencies to remit money to their families back home and save on commissions charged by wire transfer companies and other middlemen.
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In September, 2021 El Salvador became the first country in the world to make Bitcoin a legal tender
View Details »Industry trackers say that the sudden growth in the crypto investments even in smaller towns across India has also led to people exploring various uses. «The process of remittances
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