According to *The Times of India*, the Maharashtra legislature in India has passed an amendment to the 1999 *Depositors' Interests Protection (Financial Establishments) Act* (MPID Act), officially bringing virtual digital assets (VDA), including cryptocurrencies and other blockchain-based digital tools, under the scope of this law. The amendment requires financial institutions to deposit 50% of their total debt as a security before appealing a recovery order, aiming to curb delays in repayments to investors caused by lengthy appeal processes. https://www.(wublock123.com)/news/news-63892