{"id":46111,"date":"2021-07-14T18:24:29","date_gmt":"2021-07-14T15:24:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46111"},"modified":"2025-09-01T14:43:02","modified_gmt":"2025-09-01T11:43:02","slug":"india-proposes-including-disclaimers-in-cryptocurrency-advertising","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/india-proposes-including-disclaimers-in-cryptocurrency-advertising\/","title":{"rendered":"India proposes including disclaimers in cryptocurrency advertising"},"content":{"rendered":"<p>The Delhi High Court (India) urged the development of standardized disclaimers for cryptocurrency-related advertising on national television. <a href=\\\"https:\/\/www.newindianexpress.com\/nation\/2021\/jul\/14\/delhi-hc-issues-notice-on-plea-against-crypto-currency-advertisement-seeks-standardized-disclaimers-2330000.html\\\">The New Indian Express<\/a>.<\/p>\n<p>Court officials say that the Securities and Exchange Board of India (SEBI) and other agencies should formulate appropriate guidelines.<\/p>\n<p>The matter will be considered in August after SEBI, the Ministry of Information and Broadcasting, and India&#8217;s bitcoin exchanges submit their comments.<\/p>\n<p>The initiative arose after lawyers Ayush Shukla and Vikash Kumarka approached the Council to seek approval for the corresponding disclaimer. Their version occupied 80% of the screen, with the voiceover delivering the disclaimer content at a slow pace for five seconds.<\/p>\n<p>The current practice is to display the text &#8220;Cryptocurrency is an unregulated digital currency, not a legal tender, and is subject to market risks&#8221; in small font. The disclaimer display lasts two seconds and is not accompanied by a voiceover.<\/p>\n<p>The outlet notes that the emergence of guidelines could signal the Indian authorities&#8217; abandonment of a direct ban on cryptocurrencies and adopting a more tempered approach to regulating the sector.<\/p>\n<p>Earlier, the UK Advertising Standards Authority <a href=\"https:\/\/u1f987.com\/en\/news\/uk-to-tighten-oversight-of-cryptocurrency-advertising\">began considering<\/a> the option to include a disclaimer in cryptocurrency-related advertising.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Delhi High Court (India) urged standardized disclaimers for cryptocurrency-related advertising on national television, The New Indian Express reports.<\/p>\n","protected":false},"author":1,"featured_media":46112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[516,278,36],"class_list":["post-46111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-advertising","tag-india","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=46111"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46111\/revisions"}],"predecessor-version":[{"id":46113,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46111\/revisions\/46113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/46112"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=46111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=46111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=46111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}