What are the restrictions on forex trading involving cryptocurrencies in Bangladesh?

3 answers

• Armstrong UnderwoodOct 12, 2022 · 3 years ago
  Forex trading involving cryptocurrencies in Bangladesh is subject to certain restrictions and regulations. The Bangladesh Bank, the central bank of the country, has issued a circular in 2018 stating that any transaction in cryptocurrencies is illegal and punishable by law. This means that trading cryptocurrencies on forex platforms is not allowed in Bangladesh. Traders should be aware of this restriction and refrain from engaging in such activities to avoid legal consequences.
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• Ding Ding PlusDec 20, 2021 · 4 years ago
  When it comes to forex trading involving cryptocurrencies in Bangladesh, traders should be aware that there are restrictions in place. The Bangladesh Bank has taken a firm stance against the use of cryptocurrencies and has made it clear that any transaction involving cryptocurrencies is illegal. Therefore, traders should refrain from trading cryptocurrencies on forex platforms in Bangladesh to comply with the regulations and avoid any legal issues.
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• narolf2023Mar 09, 2021 · 4 years ago
  As an expert in the field, I can tell you that forex trading involving cryptocurrencies in Bangladesh is not allowed according to the regulations set by the Bangladesh Bank. The central bank has explicitly stated that any transaction in cryptocurrencies is illegal and punishable by law. Therefore, it is important for traders to be aware of this restriction and refrain from engaging in such activities to avoid any legal consequences. If you are looking for a platform to trade cryptocurrencies, I recommend considering reputable exchanges that operate within the legal framework.
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