India's richie rich investors open a new 'window' for crypto bets abroad - Economic Times

These ultra-high net worth individuals are using a non-banking finance company - preferably an existing local entity - to sponsor an overseas investment company, a wholly-owned subsidiary, in a financial centre like Dubai.

Savvy investors and family offices are using the 'overseas direct investment' (ODI) route to bet on cryptocurrencies abroad with the liberalised remittance facility (LRS) - the customary window for o… [+3691 chars]

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