Topic: Bangladesh government banned bitcoin ? - page 4. (Read 1514 times)
Just like what happened to China before when it banned bitcoin, the cryptoworld recovers quickly despite the fact that China is Asia's largest bitcoin holders during that time. I am also confident that with Bangladesh decision to ban bitcoin, could not affect bitcoin's progress and that bitcoin will also recover from it quickly.
Anyone knew about that 
Is it true news
Is it true news
Small countries like Bangladesh have serious problems with crypto, which is why Bangladesh chose to ban it, I would not be surprised to ban the occurrence in small and poor countries. there are many factors that are important points in the ban. maybe you can look for more detailed reading about it. but the difference for developed countries is clear, just look at Europe which can involve crypto and bitcoin.
Bangladesh governments banned bitcoin because bangladeshi governments have no control power on bitcoin, but i don't hear about, when bangladeshi government permit bitcoin???
Yes it is true, but you should not worry too much for it, the bitcoin ban in Bangladesh will not make bitcoin die, and I believe that soon Bangladesh will definitely lift its ban.
if it is true that there must be a strong enough reason from the government in the country to make the prohibition, the development of cryptocurrencies will be more advanced someday if the cryptocurrency has been inaugurated by all countries, the prohibition will soon be eliminated
This problem haven't finished yet? I read a news about that like 5-6 months ago "Police on the hunt for bitcoin users in Bangladesh" (Link:https://www.dhakatribune.com/bangladesh/crime/2018/02/19/police-hunt-bitcoin-users-bangladesh/) and that was very hard to read. How could police hunts people just because about the bitcoin?.. I think the rules are very strict there in Bangladesh. I am happy in my counrty we have nothing like this one..
Yes, exactly, the government of Bangladesh has banned the cryptocurrency. Their government had been consistently taking major actions against cryptocurrency. And finally, they officially announced it the use of cryptcurrecy is not legal in the country.
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Is it true news
You dont worry. In this network, the government can not do anything about us. In Vietnam, the government did not allow us to exchange electronic money but now we are still working and making money normally. Get access to deepweb for absolute security. good luck Is it true news
Bangladesh Bank has banned the use of Bitcoin, a virtual cryptocurrency, in Bangladesh by issuing a circular on its website.
The circular read that Bitcoin is not an authorised and legal currency in any other country in the world.
“Transaction with this currency may cause a violation of the existing money laundering and terrorist financing regulations,” the circular further read.
However, the notice does not carry any indication on how the regulation would be enforced.
The circular also said Bitcoin is not authorised by any regulatory authority and thereby its use may cause financial loss of the citizens.
The circular read that Bitcoin is not an authorised and legal currency in any other country in the world.
“Transaction with this currency may cause a violation of the existing money laundering and terrorist financing regulations,” the circular further read.
However, the notice does not carry any indication on how the regulation would be enforced.
The circular also said Bitcoin is not authorised by any regulatory authority and thereby its use may cause financial loss of the citizens.
The general idea of Bitcoin and cryptocurrencies was that the whole world has access and no one is dependent on the banks or the government. It was a way of giving people some freedom. If Bangladesh decides to ban bitcoin I find it very sad for the people who remain dependent on the state. We must help everyone in the world to have access to cryptos so that the revolution is global.
I think Bangladesh has its own rules that make the country ban bitcoin, there are secrets in every country why the state bans bitcoin, so maybe it's the best choice for Bangladesh to ban bitcoin.
Anyone knew about that
Is it true news
Is it true news
Small countries like Bangladesh have serious problems with crypto, which is why Bangladesh chose to ban it, I would not be surprised to ban the occurrence in small and poor countries. there are many factors that are important points in the ban. maybe you can look for more detailed reading about it. but the difference for developed countries is clear, just look at Europe which can involve crypto and bitcoin.
Although Bitcoin may be called the world's first global currency, however, in some countries, including Bangladesh, its use is still banned by the government. It is because the "look" isn't open from the government will make the economy in those countries difficult.
I think the government of bangladesh has certain rules so they prohibit bitcoin,and I think they are just banning the banks using payments through bitcoin and not forbidding someone to join the bitcoin world, but I am sure slowly in the future banglades will start legalizing bitcoin ...
Anyone knew about that
Is it true news
Yeah, this is indeed and it was in 2017 btc banned in bangladesh. Is it true news
Bangladeshi news reference: https://www.dhakatribune.com/business/banks/2017/12/27/bangladesh-bank-ban-bitcoin/
CCN news reference: https://www.ccn.com/in-depth-bangladesh-bans-bitcoin/
I see no reason to do this. most likely the government just wants to earn bitcoin too, that's why it did
Nothing in this life is always accepted. Bangladesh central bank warned the people not to trade bitcoin and they will be taking strict actions who are dealing with crypto currencies.
I think the government of bangladesh has certain rules so they prohibit bitcoin,and I think they are just banning the banks using payments through bitcoin and not forbidding someone to join the bitcoin world, but I am sure slowly in the future banglades will start legalizing bitcoin ...
Anyone knew about that
Is it true news
Is it true news
Whether it is true or not, being banned does not mean you can not use bitcoin. Bitcoin is decentralized meaning it can still freely operate.
The big question is going to be what kind of penalties or enforcement will actually go on. And whether they will try to detect and track people using Bitcoin. I don't know what kind of control the state there has over its internet, but it could be extensive.
Anyone knew about that
Is it true news
Were you born yesterday? Bangladesh banned bitcoin in far 2013 if I remember exactly. Citizens of this country even may go to a jail for crypto activity. As I know they do not have plans which would be more welcome for now. But maybe their neighbor India may change the opinion of Bangladesh, I heard they began to make steps towards crypto currencies and their regulation. Is it true news
The Bangladesh government has taken a very bold decision. I think it is a wrong one. If it is a temporary ban, just to remove the negative aspects of Bitcoin, then i am in favour of it. I think they are trying to create a system of transparency.
After so many regulations and heavy monitoring, I do not think that crypto will remain lucrative for the investors. This is a clear example of the government failing to understand the concept , working and potential of crypto.
I personalty feel that the countries which are against crypto are doing loss for themselves.
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