Tag: Foreign Exchange Act 1962

Nepal's Crypto Ban Under Foreign Exchange Act 1962: What It Means Today

Posted by Victoria McGovern

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17
Dec

Nepal's Crypto Ban Under Foreign Exchange Act 1962: What It Means Today

Nepal bans all cryptocurrency under a 1962 foreign exchange law, with penalties including jail time and heavy fines. Despite underground activity and global trends toward regulation, the central bank holds firm - but pressure is mounting for change.

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