Probe Agency ED Raids 6 Bengaluru Crypto Firms Over Rs 2,500-Crore Violations
Cite this
Citations are auto-generated; verify before publishing. The notification classification is PolicyDhara's, not the source's.
Official government notification — a formal executive order that operationalises policy decisions. Carries legal weight and specifies rules, dates, exemptions, or procedural requirements.
Summary
Five companies allegedly used virtual digital assets to facilitate unauthorised cross-border money transfers; bank accounts with around Rs 6 crore frozen.
Key Facts
Type Notification
Source NDTV - India
Published Friday, 19 June 2026
Affected Population ~850 million internet users, 75,000+ startups
Key Numbers
Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
Defence budget: Rs 6.21 lakh crore (2025-26)
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right