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Non-transparent advertising needs to stop, say govt sources after PM meet on cryptocurrency
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The government 'strongly' feels that advertisements by cryptocurrency companies, exchanges and other such entities which over-promise and are not transparent need to stop, sources said after Prime Minister Narendra Modi chaired a meeting on cryptocurrency with stakeholders on November 13.
"Today’s meeting chaired by the PM on the way forward for cryptocurrency and related issues was a very comprehensive one," sources said. "It was strongly felt that attempts to mislead the youth through over-promising and non-transparent advertising be stopped," they said.
This meeting came at a time when the Finance Ministry is working towards introducing a comprehensive bill to regulate cryptocurrencies, investors and exchanges in the winter session of
Read more on moneycontrol.comAbout this in other media
Russian Senate Finance Chief Says Crypto ‘Probably Has a Future’ cryptonews.com /2 years ago
India is planning to tighten crypto regulation to deter trading in a new clampdown - sources euronews.com /3 years ago
Crypto Rules Need To Be Discussed Among Democracies, Says PM Modi ndtv.com /3 years ago
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