India: ASCI releases new rules for crypto-ads to limit ‘misleading’ content

Lawmakers in India have shared concerns about the potential misuse of crypto-trading vehicles for illicit activities. In fact, concerns pertaining to advertisements by cryptocurrency exchanges have been aired too. According to lawmakers, these ads promise customers wild profits and aren’t transparent enough. Ergo, regulatory watchdogs have now included crypto-ads as part of its “standardized self-regulation.” […]