The rise of stablecoins has transformed the digital asset economy, enabling faster and cheaper cross-border transactions. However, their increasing use in white-collar crimes ranging from laundering ransomware proceeds to sanctions evasion raises pressing questions around accountability. Traditional doctrines of corporate criminal liability anchored in centralised structures and subjective mens rea, fall short when applied to decentralised systems. This essay explores the doctrinal gaps in corporate criminal liability as applied to stablecoin ecosystems, analyses regulatory responses across key jurisdictions (US, EU, UK and Asia-Pacific) and proposes a “chain-of-liability” model that shifts focus from intent to systemic compliance failures. The authors argue for the development of a consolidated legal regime in India to bridge fragmented oversight and align with global enforcement standards. Continue reading Stablecoins and Corporate Criminal Liability: Rethinking Responsibility in Cross-Border Financial Crimes