https://www.thedailystar.net/law-our-rights/law-analysis/bitcoin-legality-in-bangladesh-bank-1602583
The above article claims that possession and trading of Bitcoin in Bangladesh is not illegal but the central bank does not consider it as a legal tender and has issued warnings that anyone using it may be harmed financially. Similar to fiats, if bitcoin is used to fund terrorist and to launder money, then the use is illegal.
If you want the Central Bank to retract the warnings they issued, why not follow what the cryptocurrency community of India did. They challenged the Indian Central Bank in court.
Topic: Bangladesh has a significant amount of Bitcoin trader - page 2. (Read 310 times)
legendary
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Although Bangladesh has banned cryptocurrency, still there are a lot of people who trade bitcoin or other crypto. The volume is not known to me but through observing some of the buy sell activities of different website and social media activity of Bangladeshi users, it's sure that the volume is not so less and the user of BTC is not lower even. Some of them use BTC to pay their employee outside Bangladesh or to pay different kind of service fee.
Will govt ever consider to legitimate BTC in Bangladesh? I don't see any hope so far but the volume can never be decreased because of the usefulness BTC has.
Will govt ever consider to legitimate BTC in Bangladesh? I don't see any hope so far but the volume can never be decreased because of the usefulness BTC has.
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