Nirmala Sitharaman told the Rajya Sabha. She didn't respond directly to a question on whether the government will ban such advertising.
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View Details »The government will introduce a bill on cryptocurrency in parliament soon after it's approved by the cabinet, she said. «About the misleading advertisements and about whether we are banning them… Advertising Standards Council of India (ASCI ), which governs all advertisements--their guidelines are being studied and the regulations that they have are all being looked into so that we can take, if necessary, some kind of position to a decision to say how we are going to handle this,» Sitharaman said in response
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