$BTC It's important to be aware of the legal landscape surrounding Bitcoin and other cryptocurrencies in Bangladesh.
Legal Status:
* Illegal: The purchase, sale, use, and holding of virtual currency, including Bitcoin, are officially prohibited in Bangladesh.
* Central Bank Warnings: The Bangladesh Bank has repeatedly issued warnings against cryptocurrencies, stating they are not legal tender and carry financial and legal risks. They emphasize that financial institutions are not allowed to facilitate Bitcoin transactions.
* Anti-Money Laundering Laws: Bangladesh Bank has stated that anyone caught using virtual currency could face legal action under the country's strict anti-money laundering laws.