Crypto Exchange Ads Attract ASCI’s Attention

According to Chainalysis, a blockchain data platform, investments in crypto in India have reached nearly $40 billion. There are crypto exchanges such as ZebPay, WazirX, CoinSwitch Kuber. These allow buying, selling and trading of cryptocurrencies such as Bitcoin and Litecoin. Crypto exchanges advertise without standardised disclaimers. The matter is sub judice in Delhi HC. This is an emerging area of concern. ASCI is contemplating to issue a set of guidelines to protect interests of consumers through consultations with different stakeholders.

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