Topic: Bitcoin illegal in Nepal (Read 1836 times)
That's unfair because there are so many people who want to own it
Nothing to worry about because it is just temporary and if the government in Nepal will see that bitcoin is keep on progressing and reaching new milestones and achievements then they will reverse the order or law about bitcoin and they will unban bitcoin and make it as a legal currency in their country just like Japan did on bitcoin as a full legalized currency.
Its quite unfortunate that Nepal is missing out on the good fortunes BTChas to offer, BTC currently need s all the help it can ge, but if Nepl feels it athreat to its young economy then too bad
Bad news bit they will realize blockchain's positive impact as it matures and innovates and they might revert.
China is also illegal bitcoin
Despite being one of the world's largest bitcoin transactions in the world, the Chinese government banned the use of bitcoins. However, this ban applies only to banking institutions and employees so that Chinese citizens in general can still transact legally.
Yes some countries including china turn bitcon as illegal but i am sure that very soon the will revise their decision and will very soon make bitcoin as legal currency, because in china the bitcoin users are more than any other country and on other side bitcoin is the need of the modern time therefore every country have to accept the reality and therefore very soon they will chance their decision to consider bitcoin as legal currency. Despite being one of the world's largest bitcoin transactions in the world, the Chinese government banned the use of bitcoins. However, this ban applies only to banking institutions and employees so that Chinese citizens in general can still transact legally.
Nepal is not a high weight on crypto, so i think that this is more than irelevant and it does not affect the market, so those are not news at all
National Bank of Nepal Deems Bitcoin Exchange Operations “Illegal,” While the CIB Police Force Arrest Seven Exchange Operators
Source :- https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/
Source :- https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/
This is not a good news but remember that this is not the end for bitcoin and for nepal. In time, as other countries will accept it as currency, other countries will follow too and will declare it as legal someday.
Not a good news for Nepalese.
It is bad news for every Nepalese bitcoiner cause there government did not accepted bitcoin in there country. I hope in coming future it will give approval to bitcoin to enter your country I think your government have valid reason to banned bitcoin there. China is also illegal bitcoin
Despite being one of the world's largest bitcoin transactions in the world, the Chinese government banned the use of bitcoins. However, this ban applies only to banking institutions and employees so that Chinese citizens in general can still transact legally.
Bitcoin is legal in china but you can't make financial transaction with it or sell/buy for local fiat.Despite being one of the world's largest bitcoin transactions in the world, the Chinese government banned the use of bitcoins. However, this ban applies only to banking institutions and employees so that Chinese citizens in general can still transact legally.
Same is in India, they have recently made this ban.
Nepal is different story, they completely ban the use of bitcoin for anything. Many people are still being arrested there.
Asian countries have psycho government....
National Bank of Nepal Deems Bitcoin Exchange Operations “Illegal,” While the CIB Police Force Arrest Seven Exchange Operators
Source :- https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/
every country has their own opinion about bitcoin, nepal may have considered good and bad bitcoin Source :- https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/
China is also illegal bitcoin
Despite being one of the world's largest bitcoin transactions in the world, the Chinese government banned the use of bitcoins. However, this ban applies only to banking institutions and employees so that Chinese citizens in general can still transact legally.
Despite being one of the world's largest bitcoin transactions in the world, the Chinese government banned the use of bitcoins. However, this ban applies only to banking institutions and employees so that Chinese citizens in general can still transact legally.
Currently there are many countries banned Bitcoin transactions. Maybe because they fear their country's economy will be damaged because of Bitcoin, they fear the scam, I hope the country will no longer prohibited Bitcoin transactions anymore
Not a good news for Nepalese.
Yes, it is not good news for every Nepalese bitcoiner. I wish that one day your government will accepted bitcoin. I think your government have valid reason why banned bitcoin there just respect them. Don't lose hope maybe one day they realize the benefits given by bitcoin.
By the way, the stock exchange had no choice but to stop its activities. The Bitsewa team removed all information about users from their servers, and also sent instructions to all clients about how they can withdraw funds to other addresses.
I have heard a lot of information that countries are banned from Bitcoin. But in the future, these countries will change their mindset about Bitcoin. They will realize that Bitcoin and blockchain technology are actually beneficial to their country's economy
That sounds a bit naive when you consider that it can directly negatively affect a fiat currency issued by the government. Having less control over isn't going to sound like it's beneficial to them. Them being the ones in power.
This is extremely normal. Bitcoin is currently only banned in some countries but still a lot of investment. But that bitcoin is banned but still be user people accept them. so this does not have much impact.
This is not good news for us. It's not good for Bitcoin, it's not good news for Nepal, Bitcoin needs a lot for a country's development. so I think as soon as nepal government legal permitted bitcoin in nepal.
I have heard a lot of information that countries are banned from Bitcoin. But in the future, these countries will change their mindset about Bitcoin. They will realize that Bitcoin and blockchain technology are actually beneficial to their country's economy
National Bank of Nepal Deems Bitcoin Exchange Operations “Illegal,” While the CIB Police Force Arrest Seven Exchange Operators
Source :- https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/
Source :- https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/
they will regret it for having done such a ridiculous thing and almost all the people in the world are bitcoin active users just for example their neighbor country is india, i'm sure they will soon follow the Indian society slightly ahead of them. and they will regret for being late to realize that bitcoin is a guarantee of a better future.
This is sad news for Nepal people,but there are always open another way so if the bitcoin user in Nepal want they can use it,Nepal government not coming to check their computer. 
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