Sad news for Nepal, bitcoin banned recently.
Bitcoin is illegal in Nepal.” says Deputy Director, Kedar Prasad Acharya, Nepal Rastra Bank in an event organized at Thames International College, 30th June 2017.
In an event organized by Thames International College, Nepal Business Gabfest, 2017.
A question was raised regarding bitcoin legalities and regulation in Nepal. Then we received the following statement by Kedar Prasad Acharya (Deputy Director of Nepal Rastra Bank).
“Bitcoin is illegal in Nepal.”
– Kedar Prasad Acharya, Deputy Director of Nepal Rastra Bank.
The Bitcoin or Blockchain companies are promptly suspending Bitcoin trading in their platform and customer are not be able to buy/sell bitcoins thereafter.
Why was Bitcoin banned in Nepal?
Central Bank of Nepal is not able to track the transaction and is a high risk for going outward remittance for buying bitcoins than inward remittance.
Public Opinion: A lot has changed in terms of perception and in terms of where digital currencies are. Digital currencies are here and have set a solid foothold in the world economy. Its acceptance has accelerated, governments around the world are realizing its importance and its value. One thing is for sure, digital currencies will do more good to the people of the country than harm. Hope that the government will soon realize its endless possibilities and formulate regulations that support innovation and growth.
yes, sad... Nepal will not be the last country... if "they" cannot control you, they will criminalize you
is there any other option besite of bitcoin to withdraw from steemit?
I'm quit new here and cannot give you the exact answer
I should make one trustful friend from other country to get help of exchange it.
Really, hoaw sad news...
So how the government will do to check it?
It's only illegal to exchange or trade BTC in Nepal or to own it for Nepali citizen is illegal too?
We one only one site to exchange bitcoin to bank called "bitsewa" that also became down.
Excahanging is illegal
Can't you open a paypal acount and then buy BTC or another cryptomoney from this account in a exchange online from another country? Maybe you need to use a VPN IP...?
It is really sad for Nepal