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    Question

    The _________________ has released new guidelines for

    advertisers publishing ads about virtual digital assets (VDA) including cryptocurrencies and non-fungible tokens (NFTs).
    A Ministry Of Information And Broadcasting Correct Answer Incorrect Answer
    B Electronic Media Monitoring Centre Correct Answer Incorrect Answer
    C Advertising Standards Council of India Correct Answer Incorrect Answer
    D Print Media Monitoring Service Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Advertising Standards Council of India (ASCI) has released new guidelines for advertisers publishing ads about virtual digital assets (VDA) including cryptocurrencies and non-fungible tokens (NFTs). The guidelines will be applicable to all advertisements released or published after 1 April 2022. In accordance with the new guidelines, all advertisements for VDA products, VDA exchanges or featuring VDAs should carry a disclaimer that says, “Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions”.

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