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Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments

August 7, 2022 by Alex

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…

Nepal Shuts Down Crypto Websites, Apps — Warns About Engaging in Crypto Activities

April 28, 2022 by Alex

The Nepal Telecommunications Authority has issued a warning that crypto activities are illegal. The regulator emphasized that websites, apps, and online networks related to crypto activities are prohibited to be used, operated, or managed within the country. Nepalese Regulator’s Crypto Warning…

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