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Nepal Crypto Ban: Why the Foreign Exchange Act 1962 Still Prohibits Bitcoin

Nepal Crypto Ban: Why the Foreign Exchange Act 1962 Still Prohibits Bitcoin

Nepal strictly prohibits cryptocurrency trading and mining under the Foreign Exchange (Regulation) Act, 1962. Violations carry heavy fines and jail time. Discover why the Nepal Rastra Bank enforces this ban to protect foreign reserves and how locals navigate the underground market.

Tycho Bramwell | Sep, 13 2026 Read More

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