Nepal regulator orders ISPs to block crypto websites or face the law
Nepalese internet and email providers were put on notice by the country’s telco regulator to block crypto-related websites or face legal action. Go to Source Powered by WPeMatico
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Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments
A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the regulator to proceed with its realization. Nepal Central Bank Prepares Legal Ground for National … Read more
Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns
Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would entail penalties as per the current legislation. Despite its position, however, the Nepalese have continued to invest in bitcoin, media reports reveal. Engaging in Illegal … Read more
