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1  Bitcoin / Legal / Re: why bitcoin illegal in asia? on: November 01, 2017, 03:21:38 PM
It is illegal only in Bangladesh, Nepal and Kyrgyzstan
---Kyrgyzstan---In a July 2014, statement of the National Bank of the Kyrgyz Republic made clear that "the use of 'virtual currency', bitcoins, in particular, as a means of payment in the Kyrgyz Republic will be a violation of the law of our state
---Nepal---On 13 August 2017 Nepal Rastra Bank declared bitcoin as illegal
---Bangladesh---In September 2014, Bangladesh Bank said that "anybody caught using the virtual currency could be jailed under the country's strict anti-money laundering laws"
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