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Partner Technology-Media-Telecom (TMT) Practice, and Head of Media-Education-Gaming at Mumbai office of Cyril Amarchand Mangaldas. Aarushi advises both domestic and international clients on legal, regulatory and commercial issues. She can be reached at

Gaming Law

The Ministry of Finance has issued a notification dated March 07, 2023 (“Notification”), classifying entities that engage in specific activities (see below) related to Virtual Digital Assets (“VDA(s)”) in the course of business, as “persons carrying on designated business or profession” Therefore, such entities are now considered “Reporting Entities” under the Prevention of Money Laundering Act, 2002 and the corresponding rules (“PMLA”).

Continue Reading PMLA Concerns for the Skill Gaming Sector?