Cryptocurrency in Bangladesh

Bangladesh young freelancers and investors are really keen to invest in the emerging cryptocurrency market. However, Bangladesh Bank, the regulatory central bank in the country is not so keen on granting the permission for cryptocurrency. The hype around the rise of Bitcoin prices forced the Bank to break its silence over the matter. They issued a perplexing statement regarding this:

Cryptocurrencies are not regulated by any financial regulatory agency over the world. So investing in those coins and currencies are not advisable.

But the Bank failed to mention their actual stance on the legality of such currencies in Bangladesh economy. Fingers crossed, we are waiting for more statements.