Tim Draper Wants to Invest in the Coming Crypto "Renaissance" in India

Cointelegraph

Published Mar 22, 2020 08:00PM ET

Updated Mar 22, 2020 09:40PM ET

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.

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