Guidelines Issued | Advertising Crypto-Related Products | VARINDIA News Hour
The new crypto Ad Rules have arrived and with this the companies dealing in selling crypto assets may turn into crypto liabilities if they don’t follow the rules. Advertising of virtual digital assets and services needs specific guidance, considering that this is a new and as yet an emerging way of investing, since there is a need to make consumers aware of the risks. The Advertising Standards Council of India has introduced a set of 12 guidelines for the advertisement and promotion of virtual digital assets and services such as cryptos and non-fungible assets, almost three months after Prime Minister Narendra Modi slammed “misleading ads” in the cryptocurrency space in November 2021. The guidelines, applicable on ads of crypto-related products from April 1, 2022, say such ads shouldn't carry the words 'currency', 'securities', 'custodian' and 'depositories'. Ads should carry a disclaimer saying, 'Crypto products & NFTs are unregulated and can be highly risky.' Information on past performance shall not be provided in a biased manner and there may be no regulatory recourse for any loss from such transactions. The rule comes while there were commercials for cryptocurrency-related products and offerings, which have flooded TV screens over the past year promising easy money, convenient trading, fixed returns and more.
The council has specified the size of print to be used for the disclosure and the manner in which it should be broadcast through the audio-visual medium. In social media posts, such a disclaimer must be carried in the caption as well as any picture or video attachments. The disclaimer must be made in the dominant language of the advertisement. No advertisement may suggest that virtual digital assets could be a solution to money problems. No advertisement shall contain statements that promise or guarantee .
Guidelines Issued | Advertising Crypto-Related Products | VARINDIA News Hour
The new crypto Ad Rules have arrived and with this the companies dealing in selling crypto assets may turn into crypto liabilities if they don’t follow the rules. Advertising of virtual digital assets and services needs specific guidance, considering that this is a new and as yet an emerging way of investing, since there is a need to make consumers aware of the risks. The Advertising Standards Council of India has introduced a set of 12 guidelines for the advertisement and promotion of virtual digital assets and services such as cryptos and non-fungible assets, almost three months after Prime Minister Narendra Modi slammed “misleading ads” in the cryptocurrency space in November 2021. The guidelines, applicable on ads of crypto-related products from April 1, 2022, say such ads shouldn't carry the words 'currency', 'securities', 'custodian' and 'depositories'. Ads should carry a disclaimer saying, 'Crypto products & NFTs are unregulated and can be highly risky.' Information on past performance shall not be provided in a biased manner and there may be no regulatory recourse for any loss from such transactions. The rule comes while there were commercials for cryptocurrency-related products and offerings, which have flooded TV screens over the past year promising easy money, convenient trading, fixed returns and more.
The council has specified the size of print to be used for the disclosure and the manner in which it should be broadcast through the audio-visual medium. In social media posts, such a disclaimer must be carried in the caption as well as any picture or video attachments. The disclaimer must be made in the dominant language of the advertisement. No advertisement may suggest that virtual digital assets could be a solution to money problems. No advertisement shall contain statements that promise or guarantee
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Digital advertising spend losses to reach 68 billion globally in 2022 | VARINDIA News Hour
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The value of digital advertising spend lost to fraud to touch $68 billion globally in 2022; rising from $59 billion in 2021. The Juniper Research new study, Digital Advertising Fraud: Key Trends, Competitor Landscape & Market Forecasts 2022-2026, found that those advertising in the US will potentially suffer the most in financial loss due to fraudulent activity, with total losses in the US expected to surpass $23 billion in 2022. The comprehensive research identified the top 5 countries most impacted by advertising fraud, which together account for 60% of global losses are US, Japan, China, South Korea and UK together account for 60 per cent of global digital advertising spend losses. The US represents the largest market for digital advertising spend, with high levels of Internet penetration and elevated mobile app and browser usage presenting strong opportunities for the display of promotional content. The researchers urged digital advertisers targeting these five key markets to form strategic partnerships with ad fraud detection and prevention vendors capable of distinguishing between valid and fraudulent advertising traffic that provides no return on ad spend.
Research author Scarlett Woodford remarked: “With the US representing such a significant market in terms of advertising spend, campaigns in North America will undoubtedly attract the attention of fraudulent players. This will lead to unprecedented innovation in fraud tactics within the US, with advertisers demonstrating a greater requirement for fraud detection and mitigation services.” In response to the rising threat of ad fraud, the report urges digital advertisers targeting these five markets to form strategic partnerships with ad fraud detection and prevention vendors capable of distinguishing between valid and fraudulent advertising traffic that provides no retu
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Rajasthan Corona New Guidelines: आज से पाबंदियों की Guidelines लागू:रात 8 बजे बंद होंगे बाजार
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Covid-19:
Karnah Administration Issued New Advisory and Guidelines
Covid-19:Karnah Administration Issued New Advisory and Guidelines
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Heavy rains are likely to lash the entire Uttarakhand. But the 7 districts of the total 13 are issued a warning by the MeT department for receiving torrential rains.
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E-commerce companies cannot influence prices of products being sold on their platform and must adhere to fair trade practices, as per the draft rules proposed by the Consumer Affairs Ministry.
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Safety of CBDC from vulnerability and cyber attacks | VARINDIA explained | VARINDIA News Hour
#CBDC is a digital form of central bank money that can be accessible to the general public; essentially, it consists of individuals and firms having access to transaction and savings accounts with their home country’s central bank. The Government of India has proposed to issue CBDC, ‘Digital Rupee’ during the FY2022-23 which would be a digital avatar of India’s Fiat Currency, controlled and monitored by the Reserve Bank of India (RBI). CBDC will be a legal tender, being a revamped version of the physical currency, which will eventually reduce cost of currency management. CBDC could help policy-makers achieve goals around payment efficiency, financial inclusion, banking and payment competitiveness, access to safe central bank money in the era of digital payments, and more. People can convert digital currency to physical currency and vice-versa with ease. As per RBI, the digital rupee blockchain being developed by the RBI would be able to trace all transactions, unlike the current system of mobile wallets offered by private companies. The units issued in the digital rupee would be included in the currency in circulation, it added. The RBI's digital currency is likely to debut by early 2023. Currently, the bitcoin blockchain supports up to seven transactions per second and then there are some others that let a few thousand transactions per second. However, security aspects involved in constructing and deploying a central bank digital currency (CBDC).
It is a matter of great concern on the Security part, which is an essential element in the CBDC system. In addition to securing the underlying storage and transfer of value, security involves
aspects of privacy and resilience. Threats must be mitigated to protect the integrity of funds and the confidentiality of users. A secure CBDC system will retain public trust in the central bank. Under an ac
Technology video | 120 views
Global Chip Industry | Government Pushing Country | Rise of AI | VARINDIA News Hour
As the world is facing an acute shortage of computer chips, hundreds of billions will be spent by governments and corporations in coming years on a 'chip race' with geopolitical as well as economic implications. The electronics market in India is currently $160 billion and is expected to touch $400 billion by 2026. The surprising thing is there is a value addition of only 15 percent to the Indian economy and the remaining 85 percent is either imported or completely knocked down units or semi-knocked down units and are absorbed by the Indian economy without any value creation. Forty percent of an item’s value is in components and another 40 percent is in IP and technology. So, your design should come from India and that IP value should get recognised in India. Patents should be filed in India. There was sudden growth arising due to the COVID-19, continued stay-at-home era caused by the coronavirus pushed demand beyond levels projected by chipmakers. Lockdowns spurred growth in sales of laptops to its highest in a decade. Home-networking gear, webcams and monitors were snapped up as office work moved out of the office, and Chromebooks as school left school. Sales also jumped for home appliances from TVs to air purifiers, all of which now come with customized chips.
The Global semiconductor manufacturing giant, TSMC and Samsung are working on 3nm mass production by 2022. The rise of artificial intelligence is another force pushing chipmakers to innovate: AI relies on massive data processing. More efficient or power-saving designs are also becoming a critical consideration given the so-called internet of things -- a universe of smart or connected devices from the beefiest phones to the most common light switches and refrigerators -- is expected to swell usage of chips exponentially in coming years. Now things are getting changed, the USP of India is very stron
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Demystifying Blockchain Technology | VARINDIA News Hour
Blockchain is an exciting new technology with huge potential to disrupt and improve numerous industries. It has sparked a lot of questions around what it is, how it works, and how it will impact procurement and supply chain. With continued investment and research in blockchain technology, many businesses are beginning to see the benefits that blockchain offers and are considering the adoption of the technology. It is one of the most disruptive technologies in the modern digital economy and is on the verge of impacting many industries. one major challenge that blockchain faces today is scalability. Nonetheless, blockchain can be a revolutionary solution to combat data breaches and protect data privacy. Investment in blockchain has grown exponentially and continues to expand across industries. According to the IDC report, by 2022, spending is expected to soar to $11.7 billion, amounting to a five-year compounded annual growth rate of 73% from 2017 to 2022. Even these statistics may understate blockchain’s eventual impact. According to Christian Catalini (MIT) and Joshua Gans (University of Toronto), blockchain has key features of a General-Purpose Technology (GPT), defined as “technologies that can spur economic growth over the long run and have substantial and pervasive impact on the society across multiple industries, such as steam engine, electricity and internet.”
As business operations and offerings are substantially enabled through various crucial accomplishments and advancements in the IT field, business executives across the globe are equally keen to experiment with and embrace this new and futuristic technology to reap a slew of business benefits. Interestingly, blockchain has the inherent potential and promise to bring forth a bevy of strategically sound implications for various industry verticals. Cryptocurrency is one of the finest and foremost applications of blockchain technology.
Technology video | 157 views
दक्षिण हरियाणा में Congress नेता Rahul Gandhi का चुनाव प्रचार, प्रत्याशियों के पक्ष में रैली को करेंगे संबोधित
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Shardiya Navratri को लेकर सजे Himachal के शक्तिपीठ, भक्तों की भारी भीड़, Police प्रशासन Alert
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Navratri के पहले दिन Kaithal के मंदिर में भारी भीड़, मां शैलपुत्री की पूजा करने पहुंचे श्रद्धालु
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Firozpur Jhirka विधानसभा क्षेत्र पहुंचे केंद्रीय मंत्री Manohar Lal, BJP प्रत्याशी के पक्ष में किया चुनावी प्रचार
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Haryana Vidhan Sabha Chunav प्रचार का आज आखिरी दिन, शाम 6 बजे थम जाएगा चुनावी शोर
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News video | 27 views
Arvind Kejriwal को लेकर Hisar की जनता की राय, AAP के कामों से प्रभावित हुए लोग
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