Is it legal to buy and sell cryptocurrencies in Bangladesh?
Alejandro Flores DiazJan 14, 2022 · 3 years ago3 answers
What are the legal regulations regarding buying and selling cryptocurrencies in Bangladesh?
3 answers
- Jan 14, 2022 · 3 years agoYes, it is legal to buy and sell cryptocurrencies in Bangladesh. The Bangladesh Bank has not issued any specific regulations prohibiting the use of cryptocurrencies. However, individuals and businesses should exercise caution and ensure compliance with anti-money laundering and know your customer (KYC) regulations.
- Jan 14, 2022 · 3 years agoNo, it is not legal to buy and sell cryptocurrencies in Bangladesh. The government has imposed a ban on the use of cryptocurrencies and considers them illegal. Violators may face legal consequences and penalties.
- Jan 14, 2022 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, it is legal to buy and sell cryptocurrencies in Bangladesh. They have obtained the necessary licenses and comply with all regulatory requirements. However, individuals should always consult with legal professionals and stay updated on any changes in the regulatory landscape.
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