Is Bitcoin Mining Legal In Nepal

With cryptocurrencies being banned in Nepal also under the NRB Act there have been reports in the past of the government in Kathmandu cracking down on related activities and even arresting people involved in mining and trading. Doing such business is illegal Nepalese Media Urges Government to Change Its Crypto Policy.

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Cryptocurrencies including Bitcoin cannot be traded in Nepal.

Is bitcoin mining legal in nepal. The warning is targeting Nepalese who entice others to engage in coin minting or cryptocurrency exchange. Cryptocurrency trading and mining are punishable as they are illegal in the country the Nepal Rastra Bank NRB remarked in а recently. Answering the question Is it possible to trade cryptocurrencies including Bitcoin in Nepal in its websites FAQ section the central banking institution says.

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