Internal Security·Legal Precedents

Cryptocurrency and Money Laundering — Legal Precedents

Constitution VerifiedUPSC Verified
Version 1Updated 7 Mar 2026

Legal Precedents

Internet and Mobile Association of India (IAMAI) v. Reserve Bank of India (RBI)

2020

This landmark Supreme Court judgment overturned the RBI's April 6, 2018 circular that prohibited regulated entities (banks, NBFCs) from providing services to virtual currency…

WazirX Investigations by Directorate of Enforcement (ED)

2022-2023

While not a 'judgment' in the traditional sense, the ongoing investigations and enforcement actions against WazirX (an Indian cryptocurrency exchange) by the ED under PMLA and…

Various Cryptocurrency Exchange Raids and Investigations (e.g., CoinSwitch Kuber, Vauld)

2022-2023

Beyond WazirX, the ED and other agencies have conducted raids and investigations on several other prominent Indian cryptocurrency exchanges. These actions often stem from similar…

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