To print this article, all you need is to be registered or login on Mondaq.com. 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