PM urges to stop misleading Ads on Cryptocurrencies: Government

PM urges to stop misleading ads on cryptocurrency as it is important for the youth, claiming because of over-promise and non-transparent advertising. The meeting concluded with a comprehensive and consultative process between the RBI and the Home Ministries. RBI governor, Shaktikanta Das cautioned investors against cryptocurrencies. The Supreme Court has lifted the ban on the trading of cryptocurrencies imposed by the central bank, the RBI continues to have concerns. Finally, the result of the meeting has reached a consensus that the steps taken in the field of cryptocurrency and issues related will be looked at proactively on a priority basis.

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