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Article by Vijay Pal Dalmia, Advocate, Supreme
Court of India and Delhi High Court, Partner & Head of
Intellectual Property Laws Division, Vaish Associates Advocates,
India
INTRODUCTION
Cross Border Transfer of cryptocurrency is a significant aspect
of its being as cryptocurrencies are traded through online
platforms and these platforms facilitate the exchange of
cryptocurrency into another currency including a fiat currency.
This raises questions under India s foreign exchange control
law, i.e., the Foreign Exchange Management Act (FEMA). This article
intends to analyze the possible categorization of cryptocurrencies