NRIs experiment with Cryptos for remittances: Deciphering the risks and opportunities

Remittances in India are pegged at about $80 billion, mainly transferred through banking or other financial channels. Lately, many Indians are experimenting with cryptocurrencies to remit money to their families back home and save on commissions charged by wire transfer companies and other intermediaries. ET's Sachin Dave deciphers the cryptic risks and opportunities of cryptocurrencies and remittances, Watch.