The Indian government has launched a cryptocurrency awareness campaign aimed at highlighting its legal risks and investment risks

ChainCatcher news, the Indian government is launching a cryptocurrency awareness campaign, which will be led by the Investor Protection and Education Fund Authority controlled by the Ministry of Corporate Affairs. The aim is to educate investors about the legality of cryptocurrency in the country while highlighting the risks of investing in crypto assets.

It is reported that an Indian government official stated, "The campaign will emphasize that cryptocurrency is illegal in India and that such assets carry significant risks. Any investment that promises substantial and guaranteed returns carries high-risk factors." (source link)