Crypto assets brought under depositors’ protection law; firms must deposit 50% liability before appeal | Mumbai News
Cryptocurrency, other virtual digital asset-based investment frauds can now be pursued under the MPID Act. MUMBAI: In a move aimed at tightening the legal framework against financial frauds and speeding up recovery for duped investors, the Maharashtra legislature on Wednesday passed amendments to the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999…
