Maharashtra just set the precedent - crypto is now legally recognized as recoverable property in India 🇮🇳
This means authorities can seize, liquidate, and return crypto tied to fraud cases directly to victims. First state to do this.
Big deal for regulatory clarity. If you're operating clean, this is bullish for legitimacy. If you're running ponzis, your exit liquidity just got a lot harder to keep.
Watch other states follow. India's not banning - they're regulating smart.
This means authorities can seize, liquidate, and return crypto tied to fraud cases directly to victims. First state to do this.
Big deal for regulatory clarity. If you're operating clean, this is bullish for legitimacy. If you're running ponzis, your exit liquidity just got a lot harder to keep.
Watch other states follow. India's not banning - they're regulating smart.