Crypto India: Maharashtra Brings Crypto Under Depositor Protection Law

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India Delays Cryptocurrency Policy, RBI Cites Risk Concerns

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The Maharashtra government will set up dedicated financial monitoring units in every district to identify fraudulent investment schemes and protect depositors. Announcing the move during discussions on the Maharashtra Protection of Interests of Depositors (Amendment) Bill, 2026, Minister of State for Home Yogesh Kadam said the Bill also brings cryptocurrencies and virtual digital assets under …

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