Cryptocurrency Ads Cannot Use “Currency,” Must Have “High Risk” Disclaimer: New ASCI Guidelines

[ad_1] Amidst the growing popularity of cryptocurrencies in India, the Advertising Standards Council of India (ASCI) has set guidelines for advertising virtual digital assets. With 10.07 crore investors, India has the largest number of cryptocurrency traders in the world, according to broker discovery and comparison platform BrokerChooser. In order to attract more and more customers, … Read more

India’s own digital currency coming soon, RBI deputy Guv says ‘calibrated approach needed’

[ad_1] RBI Deputy Governor T. Rabi Sankar said a “careful” and “calibrated” approach is required for India’s first central bank digital currency, or CBDC. Senior RBI official He said that this is necessary because the new currency will have different effects on the economy and monetary policy. RBI has plans to come up with its … Read more

India’s digital currency will be introduced in a phased manner, RBI Forms Innovation Hub

[ad_1] Reserve Bank India In its annual report released on Friday, May 27, it said it would take a “tiered approach” towards delivering Central bank digital currency. She said the design of a centralized digital currency should be in line with its monetary policy objectives, financial stability, efficient currency operations and payment systems. The RBI’s … Read more

Reserve Bank of India wants virtual currency ban, government needs global support, says FM

[ad_1] The Indian government supports global cooperation if there is a need to ban or regulate digital assets, including Cryptocurrencyeven with the Reserve Bank India She has made her position on these assets clear, Minister of Finance Nirmala Sitharaman He said Monday, July 18. She was responding to a question written in Parliament about cryptocurrency … Read more