Stablecoins have revolutionized cross-border trade by enabling faster, low-cost settlements. Yet, in India, this innovation clashes with FEMA’s strict foreign exchange regulations. Under FEMA, all international trade payments must occur through authorized banks—a condition stablecoin transactions typically bypass.
This creates a legal gray area for exporters and importers who may unknowingly violate FEMA by accepting or sending payments in stablecoins. Such transactions may be viewed as unauthorized foreign exchange dealings, exposing businesses to penalties.
At Sriya Enterprise, we help clients avoid these pitfalls through strategic FEMA advisory. Our consultants assess your trade flows, recommend compliant payment mechanisms, and provide documentation support for export-import reporting systems like EDPMS and IDPMS.
By aligning your global transactions with Indian law, you not only mitigate regulatory risks but also gain credibility with financial institutions and trade partners. Our mission is to help you grow internationally—legally, efficiently, and confidently.
At Sriya Enterprise, we aim to provide clear insights on emerging trends in trade finance, foreign exchange management, and regulatory compliance. One such concerning matter is extensive use of stablecoins — a digital currency innovation rapidly gaining attention globally but…