Is it legal to buy and sell cryptocurrencies in Bangladesh?

3 answers

• elsayedFeb 12, 2021 · 5 years ago
  Yes, 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.
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• Salma TawfikApr 12, 2021 · 5 years ago
  No, 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.
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• Lomholt RahbekJan 20, 2025 · 10 months ago
  According 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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