New Maharashtra bill aims to recover crypto in fraud investigations
According to an IANS report, Maharashtra is moving to include cryptocurrency-linked scams under the Maharashtra Protection of Interest of Depositors (MPID) Act. The planned amendment will categorize virtual digital assets, such as cryptocurrencies, as assets that can be recovered, granting officials the power to seize and reclaim them. This initiative is designed to bolster investor safety and combat deceptive deposit schemes.
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