India Cracks Down on Offshore Crypto Cards: Inside the 1M Dollar Limits

Major September 2026 correction

The specific card transactions, 100,000/1,000,000 USD limits, count of FIU-IND notices, RBI 2026 directions, investor/volume statistics, investigation status and tax conclusions in the former version could not be individually reverified against live RBI, FIU-IND or tax-authority materials. They are withdrawn. They must not be used to determine Indian legal status, tax obligations or any platform’s safety.

Indian residents and providers serving India should consult qualified local legal/tax professionals and use formal RBI, FIU-IND, Income Tax Department and issuer material. An offshore card, stablecoin or gift card must not be treated as a tool to evade KYC, reporting, foreign-exchange or payment rules; this article provides no such instructions. Official entry: https://fiuindia.gov.in/。