Crypto assets brought under MPID act for recovery of funds | Mumbai News
Mumbai: To tighten the legal framework for recovery of investor assets, virtual digital assets (VDAs) like cryptocurrencies and other blockchain-based digital instruments can be now attached in cases involving financial fraud. Maharashtra legislature on Wednesday passed amendments to the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999 (MPID Act). The Bill, introduced…
