Cryptocurrency Illegal in Nepal.

KATHMANDU: According to the Nepal Rastra Bank, cryptocurrency trading and mining is punishable because it is illegal in the country (NRB).

According to the Foreign Exchange (Regulation) Act of 2019, any type of cryptocurrency trading and mining is illegal in the country.

Cryptocurrency trading and mining, as well as encouraging illegal activities, are all illegal under current law. Those who defraud people through these illegal activities will also face consequences,” according to a notice issued by the central bank on Thursday. 

Enjoyed this article? Stay informed by joining our newsletter!

Comments
Angel Kumari - Sep 13, 2021, 10:16 AM - Add Reply

Bakabash

You must be logged in to post a comment.

You must be logged in to post a comment.

About Author