#CryptoRegulation

Cryptocurrency regulation in Bangladesh remains stringent. The Bangladesh Bank has consistently prohibited the use, trade, and exchange of digital currencies like Bitcoin and Ethereum, citing concerns over financial stability, money laundering, and terrorism financing. These activities are considered violations under the Foreign Exchange Regulation Act, 1947, and can result in penalties, including imprisonment. Despite these legal restrictions, Bangladesh ranks 35th globally in cryptocurrency adoption, indicating a significant underground market driven by peer-to-peer trading and international platforms. The government continues to monitor and restrict crypto-related activities, aiming to curb illicit financial flows.

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#CryptoRegulation #Bangladesh #CryptocurrencyBan #Blockchain #FinancialSecurity #DigitalAssets