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Cryptocurrency trading neither legal nor crime - Bangladesh Bank

From thefinancialexpress.com.bd

Bangladesh Bank is yet to recognize cryptocurrency as a legal currency, but has made it clear that the ownership or transaction of the digital currency is not a crime. The Foreign Exchange Policy Department of the central bank made the clarification in response to an inquiry by the Criminal Investigation Department (CID) of Police. It also said that the BB didn't change its previous stance not to recognise cryptocurrency, according to a letter to the CID, issued by assistant director of the BB department Shafiul Azam dated May 18 last. "Even if the ownership, preservation or transaction of cryptocurrency is not ... (full story)

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  • Category: Fundamental Analysis