The Central govt has bought a range of virtual digital asset transactions under the ambit of the Prevention of Money Laundering Act (PMLA) 2002. The Finance Ministry in a gazette notification said the exchange between virtual digital assets and fiat currencies, exchange between one or more forms of virtual digital assets, and transfer of virtual digital assets, will fall under the purview of the PMLA Act. Safekeeping or administration of virtual digital assets or instruments enabling control over virtual digital assets will also be covered under the Act, it said.