Indians could save as much as $7 billion if the government allows cryptocurrencies for foreign remittances, the chief executive of the country's first crypto-asset and Bitcoin (CRYPTO: BTC) trading platform has said.
What Happened: In an exclusive chat with Benzinga, Unocoin CEO Sathvik Vishwanath said, "there is quite a lot that a country like India can achieve from cryptocurrency, including saving on remittances and on online transaction fees."
