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MISLEADING CRYPTO ADS
Forensic experts call for AI-driven playbook to counter deepfakes and digital scamsFinancial crime is evolving rapidly with AI-generated deepfakes and complex fraud rings. Traditional methods are no longer sufficient. Expe...- US regulators weigh penalising bankrupt crypto lender Voyager's ex-CEO Stephen Ehrlich: reportThe regulator intends to accuse Stephen Ehrlich of breaking its rules by misleading customers about the safety of their assets following a ...
- EU regulatory action likely on Instagram, YouTube, TikTok, Twitter for misleading crypto adsUS regulators suing crypto platforms Coinbase and Binance, along with last year's collapse of FTX, have sparked concerns over consumer prot...
- Next financial crisis will come from private cryptocurrencies: RBI Governor Shaktikanta DasThe next financial crisis will occur due to private cryptocurrencies, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesda...
- US regulators order Voyager Digital to stop 'false and misleading' deposit insurance claimsThe Federal Reserve and the Federal Deposit Insurance Corp (FDIC) sent a letter to the firm on Thursday stating they believed that Voyager ...
- Celebrities must do their homework before endorsing crypto, says ad bodyASCI is a self-regulatory body, and its guidelines are not legally binding. In case of a breach, the standards body has in the past publish...
- Celebs want indemnity from litigation following ASCI guidelines on virtual digital assetsActors, online influencers insert additional indemnity clauses in their contracts with crypto exchanges
- What ASCI's new crypto guidelines meanASCI, in its order, observed that advertising for VDAs, commonly referred to as crypto or NFT products, has been very aggressive over the p...
- ASCI issues guidelines for promotion and advertisement of crypto, NFTsThe Advertising Standards Council of India (ASCI) said on Wednesday that all virtual digital asset (VDA) products and services should carry...
- How to avoid crypto scams: Some useful tipsFor more such web stories click on the ET icon below
- Cryptocurrency exchanges turn to targeted campaigns to calm investor nervesSome of the exchanges, including CoinDCX and CoinSwitch Kuber, have re-started advertising and marketing campaigns, albeit not as aggressiv...
- ASCI in talks with Centre to refresh crypto ad guidelines“While the crypto exchanges have paused advertising and are awaiting clarity from the government, they are all making blueprints for fresh ...
- Lens on misleading ads promoting cryptos: FM Nirmala SitharamanThe government will introduce a bill on cryptocurrency in parliament soon after it's approved by the cabinet, she said.
- Banks informing customers about crypto pitfallsBankers said they are worried that such aggressive advertising by crypto exchanges could lure Indians into investing, without knowing the r...
- WazirX, Bitbns hit pause on crypto adsTo avoid luring users who do not have an understanding of virtual currencies, WazirX has been keeping away from print and television advert...
- Crypto exchanges' Ad spend at Rs 50 crore in World CupData shows that cryptocurrency exchange CoinDCX advertised seven times per match on every channel during the tournament, spending a total o...
- Experts raise alarm over crypto advertisementsThere are no formal guidelines governing the advertisement of crypto in India, unlike other financial products such as mutual funds — which...
- Celebs endorsing crypto firms must check claims or face action: ASCI headCrypto platforms flush with risk capital have been roping in top celebrities like Ranveer Singh and Ayushmann Khurrana to advertise crypto ...
- US charges crypto executives for 1st time amid larger scrutinyAs the US goes after the unregulated cryptocurrency market, the Securities and Exchange Commission (SEC) has for the first time charged two...
- Crypto exchange ads under ASCI scannerCoinSwitch Kuber, ZebPay and WazirX are among the crypto exchanges that advertise prominently across platforms, capitalising on a spike in ...
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