#FEMA

October 30, 2026

India’s ED Probes Mudrex, Saber.money and Instadapp Over Alleged Crypto Transfers Exceeding ₹5,000 Crore

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India’s ED is investigating Mudrex, Saber.money and Instadapp over alleged cross-border crypto transfers exceeding ₹5,000 crore. The claims remain preliminary, with key questions about the figures and evidence still unanswered.

#Mudrex #FEMA #Saber.money #Instadapp

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June 20, 2026

India ED Raids Bengaluru Crypto Firms in ₹2,500 Crore FEMA Probe

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India’s ED raided Bengaluru crypto firms in a ₹2,500 crore FEMA probe, with USDT-driven cross-border transfers, OTC trades, and shell entities now under the microscope. Stablecoins are useful, but sloppy compliance can turn “innovation” into a regulatory beatdown.

#USDT #Stablecoin Transfers #India Enforcement Directorate #FEMA

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