The Advertising Standards Council of India (ASCI) has issued a set of 12 guidelines to regulate the advertising of all digital assets, including cryptocurrencies.
ASCI chief advertising regulator February 23 He said that he developed the guide after meetings with people in the crypto ecosystem and the government.
The new crypto advertising rules will be taken from crypto. 30% of tax law It is stated that it will be effective from April 1, when it will come into force.
India Announces 30 Percent Tax on Crypto Revenues
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According to the rules From April 22, 2022 In all crypto advertisements, because cryptocurrencies and NFTs are not regulated ““contains excessive risk” will be specified. In addition to cryptocurrencies; currency and securities The use of terms such as
In no way in crypto money ads a way to make money will not be displayed as even when you say you can make a profit all information clear, accurate, sufficient and up-to-date will have to be.
Siddharth Sogani, CEO of blockchain analytics firm Crebaco, said in a statement.
These decisions are great. A better point of view will be presented by the fact that there will be ads that give more accurate and realistic information instead of ads that are shown as a way to get rich quick.
said.