Despite a complete government ban, Bangladesh ranks 35th globally in crypto adoption with over 3.1 million users using stablecoins to send remittances. This underground system bypasses broken banking and high fees.
Tag: crypto ban Bangladesh
Bitcoin trading in Bangladesh is not explicitly illegal, but it carries severe legal risks including prison time, asset seizures, and bank account freezes under money laundering laws. Despite a thriving underground market, authorities actively prosecute traders.