“ASCI has a specific guideline on celebrities. Plus there is a clause in the crypto guidelines as well. We have always maintained that celebrities need to do their due diligence on the claims they endorse. And the Consumer Protection Act, too, lays down penalties for endorsers in case the [ad] they feature in is found misleading, and if they have done no due diligence. Endorsers may not have domain expertise but they must take the effort to do due diligence as part of their responsibilities,” Kapoor said.
Related posts
-
Blockchain Association Tables 5-Point Crypto Agenda For Trump’s Administration
Crypto advocacy group Blockchain Association has reached out to US President-elect Donald Trump and the newly... -
NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even... -
Final Countdown for Crypto All-Stars as $5M+ Presale Enters Last Month Before Exchange Launch
Crypto All-Stars (STARS) has become one of the biggest presale events of 2024. Investors are buzzing...