Tim Draper Eyeing India
After the India Supreme Court’s reversal on their Reserve Bank’s crypto-ban, Bitcoin bull Tim Draper is looking at India:
Tim Draper Wants to Invest in the Coming Crypto Renaissance in India
Billionaire investor and the winner of thousands of Bitcoins (BTC) in the Federal Bureau of Investigation’s 2014 Silk Road auctions, Tim Draper, has set his sights on India’s nascent cryptocurrency industry.
On March 22, the venture capitalist tweeted that the Supreme Court’s recent reversal of the Reserve Bank of India’s (RBI) ban on banks providing financial services to crypto companies will drive a renaissance for the country’s cryptocurrency sector.
In a March 21 interview with Inc42, Draper stated that he “met several Bitcoin and crypto startups” during a recent trip to India, adding that he “hope[s] to be able to fund a number of them.”