[2017-11-06] Nepal Continues Crackdown, Two More Bitcoiners Arrested

Bit_Happy

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Quote from: tyz on November 06, 2017, 02:33:59 PM

Nepal Continues Crackdown, Two More Bitcoiners Arrested

Whereas bitcoin exchanges and information are prized on other parts of the globe, in Nepal dealing in the world’s most popular cryptocurrency will get businesspeople arrested....

Hopefully the arrests will be rare and local instead of a "Global crackdown" on both BTC and the "almost insane" ETH Bubble Game.
To avoid future issues, shouldn't this community do more to "raise the bar" and improve the btc/ICO scene?

tomforgery

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how can nepal effect in bitcoin Huh

Slow death

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this is another developing Asian country, they are in transition from monarchy to a republic and they have high levels of hunger and poverty, and from what I see China and India have interests in that country, I think their decision to arrest Bitcoiners should be Chinese pressure.
chinese destroy everywhere they go

" The Nepal Rastra Bank Act, a 49 page document published in 2002, updated in 2006, makes no mention of cryptocurrencies nor bitcoin. It is unclear what part of the statute the two violated. "

tyz

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Nepal Continues Crackdown, Two More Bitcoiners Arrested

Whereas bitcoin exchanges and information are prized on other parts of the globe, in Nepal dealing in the world’s most popular cryptocurrency will get businesspeople arrested. After throwing nearly a dozen bitcoiners in jail not long ago, the government is at it again, arresting two others, pushing bitcoin further underground.

In other parts of the world, where innovation is relatively freer and allowed to blossom, names like Ram Dhakal and Purusottam Dhar Tuladhar might be well-known convention circuit stars – gazillionaires much sought-after for their business drive. In Kathmandu and Pokhara, Nepal, those names are splattered online and in print as bitcoin criminals.

https://news.bitcoin.com/nepal-continues-crackdown-two-more-bitcoiners-arrested/

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