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Crypto ads in India to be self-regulated for now; guidelines to be soon
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ambcrypto.comLocal media reports noted that Blockchain and Crypto Assets Council (BACC) in India will include crypto ads as part of its “standardized self-regulation.”
The development follows deferral of the anticipated crypto bill from the recently concluded Parliamentary Winter Session.
Crypto platforms in India have been dealing with uncertainty for quite some time, and the industry expected clarity on promotional guidelines through the bill. Now that the bill is delayed, Ashish Singhal, founder, and CEO of crypto exchange CoinSwitch Kuber and BACC’s co-chair told the paper,
“We are in discussions with the Advertising Standards Council of India and BACC and proposed steps for every industry player to take before they open up their advertising in
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