Crypto can bring about financial inclusion, Infosys chair says

FILE PHOTO: Nandan Nilekani, Co-founder and Non-Executive Chairman of Infosys, listens to reporters' questions during the announcement of the company's quarterly results at its headquarters in Bengaluru, India, January 12, 2018. REUTERS/Abhishek N. Chinnappa

MUMBAI (Reuters) -Crypto assets are worth considering and can be used to bring about more financial inclusion, Nandan Nilekani, chairman of software services exporter Infosys , said at the Reuters Next Conference https://reutersevents.com/events/next on Wednesday.

"There is a role for crypto as assets but they obviously will have to follow all the laws and make sure that it doesn't become a backdoor for money laundering ... they have to use that [as] an entry point to get lot of young people into financial markets," said Nilekani, who co-founded Infosys, India's No.2 IT company in 1981.