19/02/2023
INDIA Forbids Crypto ADS in Cricket
in another demonstration
of the regulator's iron first
🐅 Indian authorities once again demonstrated their tough stance on cryptocurrencies with a preemptive ban on crypto advertising and sponsorships in the local women’s cricket league.
👇 As reported by Planet Sport on Feb. 14, the Board of Control for Cricket in India (BCCI) sent a 68-page advisory to the Women’s Premier League teams, specifying the activities which couldn’t be advertised. 📄
📄 The document highlights “no franchisee shall undertake a partnership or any kind of association with an entity that is in any way connected/related to an entity that is involved/operates, directly or indirectly, in the cryptocurrency sector.“
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