Post
Topic
Board Legal
Re: Cryptocurrency Law in Bangladesh
by
pawel7777
on 05/02/2023, 19:27:18 UTC

I find it pretty hard to make sense of what's written in this article. After reading it, I still don't know whether you can or cannot hold or trade crypto in Bangladesh, and whether statements from their central bank are only recommendations or are they interpretations of existing laws and are legally binding.

Quote
The central bank's announcement came as confusion built after it sent a letter to the Criminal Investigation Department of the police that trading of cryptocurrencies cannot be considered apparently as a crime although virtual coins are illegal under the laws of the country.

This literally says that you can't hold any cryptos but it's not a criminal offense if you trade them  Huh

To be fair, it's probably not the author of the article who's to blame, but just Bangladeshi regulatory mess.