Need to stop advertisements luring youth to cryptocurrencies: Govt.
The Hindu
PM chairs meet on cryptocurrencies.
Prime Minister Narendra Modi on Saturday chaired a meeting to consider the regulatory prospects for cryptocurrencies with the top brass of the Reserve Bank of India and the Ministries of Home Affairs and Finance, where a strong consensus was reached to stop 'attempts to mislead the youth through over-promising & non-transparent advertising'.
Noting that unregulated crypto markets cannot be allowed to become avenues for money laundering and terror financing, the PM and other attendees concluded that a close watch and pro-active steps are necessary for the sector, senior government sources said.
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