Indian social media influencers are marketing cryptocurrencies like soap and shampoo ...Middle East

Economy by : (Quartz) -
In India, cryptocurrencies are being marketed like hair oil, shampoo, and soap.Over the last year, several cryptocurrency exchanges in India have tied up with celebrities from social media, sports, and Bollywood to market cryptocurrency investments on the internet. These campaigns, which have mostly been run by local cryptocurrency exchanges like CoinDCX and CoinSwitch Kuber, often have celebrities talking about financial literacy and encouraging youngsters to invest in the alternative asset class. At times,  these promotions go a step further and offer coupons that can be exchanged for cryptocurrencies.Some of the celebrities who have promoted cryptocurrencies on Instagram, YouTube, and Twi

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