BTC $64,618.00 (-4.36%)
ETH $1,851.73 (-5.11%)
XRP $1.35 (-2.64%)
BNB $596.07 (-2.86%)
SOL $77.92 (-5.62%)
TRX $0.28 (-3.09%)
DOGE $0.09 (-2.60%)
BCH $497.93 (-12.65%)
ADA $0.26 (-2.88%)
LEO $8.06 (-1.65%)
HYPE $26.27 (-9.28%)
CC $0.16 (+1.50%)
LINK $8.27 (-4.40%)
XMR $306.27 (-6.53%)
XLM $0.15 (-2.14%)
RAIN $0.01 (-2.55%)
HBAR $0.09 (-2.99%)
ZEC $238.32 (-2.49%)
LTC $51.29 (-3.84%)
AVAX $8.37 (-5.48%)

Angola vs Bangladesh

Crypto regulation comparison

← Back to map | Angola | Bangladesh
Angola

Angola

Bangladesh

Bangladesh

No Data
Banned

-

Bangladesh effectively bans cryptocurrency. Bangladesh Bank issued warnings in 2017 citing anti-money laundering laws, and the Foreign Exchange Regulation Act 1947 prohibits unapproved digital currency transactions. Violations can result in imprisonment up to 12 years.

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining No No
Regulator -
Regulator Bangladesh Bank
Stablecoin Rules -
Stablecoin Rules Not applicable; all crypto transactions are prohibited
Key Points

-

Key Points
  • Bangladesh Bank issued a 2017 notice warning against crypto transactions
  • Foreign Exchange Regulation Act 1947 used to prohibit crypto dealings
  • Money Laundering Prevention Act 2012 applies to crypto-related activities
  • Penalties can include up to 10 years imprisonment and fines up to 3 million BDT
  • Despite the ban, some peer-to-peer trading occurs underground
Sources

-

Sources