#CryptoRegulation
Cryptocurrency regulation in Bangladesh remains stringent, with the Bangladesh Bank (BB) prohibiting the trading, transfer, or use of virtual currencies under the Foreign Exchange Regulation Act, 1947, and the Money Laundering Prevention Act, 2012. Despite these restrictions, the country ranks 35th globally in crypto adoption, driven by peer-to-peer trading and international platforms. The BB continues to monitor and prevent unauthorized crypto activities, warning of legal consequences for violations. The government's cautious approach reflects concerns over financial stability, money laundering, and investor protection in the rapidly evolving digital asset landscape.
Dhaka Tribune
+1
Crypto Web UI
+1
#CryptoRegulation #Bangladesh #CryptocurrencyBan #DigitalAssets #FinancialSecurity #Blockchain