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Topic: Bitcoin illegal in Nepal - page 5. (Read 1849 times)

full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
June 01, 2018, 10:26:18 PM
bad news, then if Bitcoin is illegal, then do all Nepalese, who have BTC will be in jail?
are they said to be criminals?
this is not fair ,  if Bitcoin illegal without reasons
full member
Activity: 812
Merit: 100
June 01, 2018, 10:23:54 PM
if nepal does not legalize bitcoin i think its not a problem since nepal is not including biggest country of crypto user. but we are obliged to appreciate how the regulations in each country apply, but different if korea or japan does not legalize bitcoin will certainly greatly affect the crypto in the future even in the world.
jr. member
Activity: 225
Merit: 1
June 01, 2018, 10:14:02 PM
A country is free to give legal or illegal status to bitcoin. It all depends on the readiness of the country itself to face the globalization of the crypto currency, especially bitcoin. A country that can not provide control over the circulation of crypto currency is better not to give legal status to this crypto currency. If the state can not regulate the circulation of crypto currency then there will be losses in that country. Because so far, crypto currency is often used by people who are not responsible so that the state can not control the crimes committed by irresponsible people.
newbie
Activity: 41
Merit: 0
June 01, 2018, 07:47:15 PM
I hope they are arrested because they were trading before there was a new rule into practice.

If indeed it is illegal, it is unfortunate.

Nepalese banks totally control the government of Nepal. The finance minister is a former chief of the national bank. He graduated from the old school and means business.

Sad that poor countries with poor bureaucracy will not let its citizens prosper.
hero member
Activity: 983
Merit: 502
May 15, 2018, 01:04:14 PM
It is likely that the country has so many foreign tours to take to Nepal tourism, which we know that the country has many attractions that attract tourists to visit, and they are willing to legalize bitcoin for the convenience of foreign tourists ...
newbie
Activity: 80
Merit: 0
May 15, 2018, 12:58:37 PM
I think this news is bad news for crypto world and also for users of Nepal. Bitcoin is a development of a country's economy. It would have little effect on the price of banning it in Nepal. Nepal does not know why the government is banning it. But they think that they are used for crime and terrorist activities. I think they realize that it is used for the benefit of the nation and the nation, Then it will legalize the use of it again.
newbie
Activity: 46
Merit: 0
April 03, 2018, 02:23:18 AM
in my country bitcoin is still illegal, because our government only give a call not to use bitcoin for tool tranksaksi sometimes there are still many bad issues about bitcoin but still we have to think positive. so even though illegal bitcoin can still be invested. I do not think the government of nepal should not act like that, hopefully bitcoin is cleared around the world.
legendary
Activity: 1036
Merit: 1002
April 03, 2018, 02:06:11 AM
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/


Just like what other said they all know that there's a valid reason why they banned it just like that if they found something unusual beacuse of bitcoin. For me it is better if they don't banned it becausw bitcoin is the main reason why there are so many people that are now rich and successful.

I agree with you for that reasons about many people turns out rich and successful because of bitcoin, and now if they will impose a banning for it I guess the government leaders have a personal and greedy intentions. For whatever reasons it is, the bad leadership is a failure to the people who depends on their government of Nepal. Politicians hated bitcoin digital currency due to untransparency and everything with its transactions were all encrypted, that's why some countries strongly avoided their citizens to participate with this type of digital trading. However, in my personal insights there's nothing wrong about using bitcoin and in fact many people improved their quality of life because of this.
full member
Activity: 347
Merit: 100
April 03, 2018, 01:50:01 AM
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/


Just like what other said they all know that there's a valid reason why they banned it just like that if they found something unusual beacuse of bitcoin. For me it is better if they don't banned it becausw bitcoin is the main reason why there are so many people that are now rich and successful.
full member
Activity: 289
Merit: 103
April 03, 2018, 01:47:39 AM
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/
I think they do that because they were found something unusual hapened to their country and I think bitcoin is the main reason ...
We cannot blame them because bitcoins technology and how it works can use in illegal thing and crimes..
Maybe whi knows.. it is the one thing nepal can do to fight those people who and in order to protect their citizens against for example money laundering etc.

Bad luck for those exchange owners it is sad to know
newbie
Activity: 117
Merit: 0
February 23, 2018, 10:35:29 PM
the bitcoin is not illegal in nepal but the nepkoin is just a bit of a nepal because the nepal wants their government to control the price of bitcoin that bitcoin does not want to get it in the nepal country.
legendary
Activity: 1372
Merit: 1014
February 23, 2018, 09:28:51 PM
isn't Nepal occupied by China or something? So Chinese run the place... Sad
member
Activity: 154
Merit: 11
February 23, 2018, 09:23:48 PM
bitcoin will still operate and function despite of the number of countries that charge it as illegal anyway. i think they're seeing bitcoin as a threat.
newbie
Activity: 42
Merit: 0
February 23, 2018, 09:15:32 PM
There are still uncertainty in bitcoins and it is unfortunate to be illegal in Nepal. As more countries are opening to bitcoins, hopefully the government will re-consider on the decision and legalize them. 
member
Activity: 92
Merit: 13
February 05, 2018, 03:16:14 AM
This is normal. Bitcoin is now forbidden to trade in many countries. However, there are still many people who invest in it, so this does not have much impact.
jr. member
Activity: 308
Merit: 2
February 04, 2018, 10:50:02 AM
So in some countries it is banned and in others it is getting more accepted, so do not worry.
sr. member
Activity: 700
Merit: 251
February 04, 2018, 10:35:10 AM
Many countries are being like this. Even my country also banned bitcoin transaction, and currently making a regulation that suits the best for bitcoin user.
I hope they won't catch and prisoned us though, just a little warning maybe?
Kinda sad for nepal people. Why's not every country can be supportive like japan or america?
I hope there will be something that can make btc doesn't considered illegal anymore so none of these things will happen again in the future.
sr. member
Activity: 630
Merit: 250
February 04, 2018, 10:26:43 AM
Yes all this is turning into modern trend, it just seems like part of global policy or something.
newbie
Activity: 84
Merit: 0
February 04, 2018, 10:04:52 AM
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/
yes...The main cause that bit coin is considered as illegal must be national currencies getting invested on bitcoin generated by foreign and the economy gets unbalanced inside the country.
member
Activity: 518
Merit: 11
HODL
January 31, 2018, 05:50:24 PM
Most countries in the world have not yet adopted and have policies to prevent bitcoin and the cryptocurrency market due to unmanageable concerns and corruption. This hinders the access of people to the very hot new global financial market that is a blow to them. I believe that in the coming time countries will have policy changes to reach the cryptocurrency and bitcoin markets.
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