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1  Other / Beginners & Help / Re: Cental Bank of Nepal calls bitcoins Illegal on: June 18, 2016, 12:13:25 PM
The Nepal Rastra Bank is concerned about Bitcoin eroding their currency. Since the Nepali Rupee is a restricted currency (pegged to the Indian Rupee - therefore the USD) there is no easy way for regular people to make purchases outside of Nepal. This is not just about online shopping, but paying school application fees, tuition, etc. Also, people will always find a way to get around the restrictions of the NRB....Hundhi anyone?
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