Could India's Remittance Sector Pave The Way For Crypto Adoption?

Supreme Court of India overturned the banking ban imposed by the Indian Central Bank RBI. Indian exchanges have reported a 400% surge in trading volume. Indian IT sector contributes 7.7% of India's GDP and remittance industry could be the next big crypto remittance market. India has 5.5 million users in India, doubling almost every 6 months, says Crebaco CEO Siddharth Sogani. The only problem for India is when NPC approves crypto transactions through payment gateways. If India regulates crypto, NPC will have to work on the payment side of the payment options.