CoinSwitch Kuber appoints industry veteran Ashish Chandra as General Counsel adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Advertisements promoting investment in cryptocurrency flagrantly violate so many rules pertaining to the Consumer Protection Act 2019 and also fall under the category of 'irresponsible' advertising.
As the government plans to regulate cryptocurrency, the Blockchain and Crypto Assets Council (BACC) is working on regulations to have a standard process for KYC across the crypto industry and also prescribe advertising standards for stakeholders engaging in crypto exchange, says Ashish Singhal, the CEO of CoinSwitch Kuber, one of the cryptocurrency exchanges in India. The
The cryptocurrency industry on Wednesday urged the government to take a nuanced approach towards regulating crypto assets in India and asked investors in the country to remain calm and not arrive at a rushed conclusion, a day after the government listed for introudction a Bill to ban all such cryptocurrencies, with some exceptions.