Description
TL;DR: A period news report summarizing the central bank's legal and risk warnings about cryptocurrency use in Bangladesh.
About This Document
Golam Mowla reports that Bangladesh Bank issued a notice describing Bitcoin and similar virtual currencies as unauthorized and warning of possible legal consequences under existing financial and anti-money-laundering rules. The article records the notice's rationale and the local regulatory climate as presented at the end of 2017.
Why Bitcoin People May Care
A news article about a notice is not the notice itself or a complete legal opinion. It preserves an important regulatory snapshot, but terminology, enforcement, and applicable statutes can change. Readers should not use this file to determine present legality, liability, or compliance obligations in Bangladesh or elsewhere.
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Document Details
- Title: Bangladesh Central Bank Notice on Bitcoin — 2017 Report
- Author / organization: Golam Mowla
- Year: 2017 article; captured 2018
- Language: English
- Document type: Archived regulatory news article
- Pages: 7
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