The Indian regulator has proposed banning public figures, including celebrities and sportsmen, from endorsing crypto products. cryptocurrency bitcoin $BTC
The Securities and Exchange Board of India has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator also proposed that public figures be held liable for any law violations when promoting crypto products.
Furthermore, the securities regulator proposed that public figures be held liable for endorsing crypto products, which could violate certain laws, including the Consumer Protection Act.
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