Post
Topic
Board Economics
Re: Is Bangladesh going to accept Cryptocurrency???
by
laredo7mm
on 23/12/2020, 07:04:37 UTC
Bangladesh is known as one of the resourceful third worlds countries of the world. But their economy is very poor and maximum people are living below the poverty line. Though their GDP growth is very well and it's increasing day by day.

The economy of Bangladesh is not very poor and it's also not true that the maximum number of people live below the poverty line. This is true for Indians. Even Bangladesh GDP is higher than India's now along with people's earnings per year. Bangladesh is the number one developing country in Southeast Asia.

Their government is not crypto-friendly and it is strongly prohibited there. Some people already got punishment due to using transaction via cryptocurrency.

Currently, I have noticed some changes happened with Bangladesh, and journalists of that country already published articles about cryptocurrency and trying to highlight some position aspects.

Govt is not very friendly because they do not have qualified people. That is why some popular sites like Reddit is banned till now. But I think they will follow their neighbor. Also, some exchange is allowing P2P BDT pair and a local bank is being partnered with XRP.