Cryptocurrency Analysis and News Portal
Nepal has asked ISPs and email providers to expressly shut down everything that could propagate crypto in any way.Nepal has taken another major step to ensure that crypto and blockchain technology does not see the light of day within its jurisdiction. To this end, Nepal’s Telecommunications Authority has ordered that
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Nepal's authorities have once again taken steps to block cryptocurrency related activities. In a Jan. 8 notification, Nepal's Telecommunications Authority instructed all internet service providers (ISPs) to prevent operating and managing crypto-related “websites, apps or online networks.” Original Source
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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
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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
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