Finally, Bitcoin is a Crime in our Country.

[AshikurRahmanKhan16]

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys? 

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[dayem708]

Hehehe... We don't care about it! My friend is a Newbie army of BD! He also doing trade in Bitcoin !! hopefully soon BD gov't will understand what bitcoin is. ! for sure they gonna be love it!

[J Gambler]

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys? 

If this holds true then I am truly sorry for the way this escalated in your country. As someone who is not experiencingg that I cannonly avise that we still hold true with the information dissemination and hope that with the education this ruling might be overturned

[AshikurRahmanKhan16]

Hehehe... We don't care about it! My friend is a Newbie army of BD! He also doing trade in Bitcoin !! hopefully soon BD gov't will understand what bitcoin is. ! for sure they gonna be love it!

Hope so. But our government doesn't understand all time, which is the best for the future. Bitcoin is a crime because it has no tax or fee! And one bank got hacked through bitcoin! Ridiculous!

Though, We will be waiting for the good news about bitcoin.

[Rossy Akbar]

Oh come on,  does that too much?  I mean,  if they use bitcoin for the wrong way it could be possible,  but what's the matter when you just collecting bitcoin by write some post in the forum or share the post with facebook, twitter etc.? It doesn't make any sense.

[Indrawan77]

Well it's just unfortunate, but something like this will keep on happening in 2018, the popularity of bitcoin has been too much and the government has started to take action, you got two choice,  secretly using bitcoin and buying things in bitcoin and cash out outside of your country or just stop using it

[Harlot]

Although its not a law a circular has a full effect on a law the only difference here is that a circular can be easily change or be remove at all. The Bangladeshi Central Bank does not know what they are doing and is obviously acting on its own abusing their own seated power. Once a citizen will be caught transacting with Bitcoin they have the burden to prove that they are really using Bitcoin for money laundering and for financing terrorist which is really hard to do so as it is because you will trace it in the Blockchain which will be a never ending route.

[filharvey]

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys?  

As far as working in this forum and earning bitcoins,I would suggest you to use VPN and continue earning bitcoins.If you have any friend abroad using bitcoin,just sell him your bitcoins and ask him to send money to your bank account.Hope this would be little bit useful to you.

[Herbert2020]

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

what exactly were you waiting for?!!! using bitcoin has been illegal in your country from 2014! nearly 4 years ago!

here is a quote from 15 Sep 2014:
"Bangladesh's central bank has warned against dealing in Bitcoin, saying anybody caught using the virtual currency could be jailed under the country's strict anti-money laundering laws."

you can read more about it here: http://www.telegraph.co.uk/finance/currency/11097208/Why-Bangladesh-will-jail-Bitcoin-traders.html

What should we do now, Guys? 

the same thing as the rest of your country have been doing. either stop using bitcoin or say F* you to your government and enjoy your financial freedom...
and whenever you felt down just check out what people in Zimbabwe are doing. bitcoin is also illegal there.
they use free electricity to mine bitcoin, use that to buy food from Amazon, deliver the food to a adjacent country, import it inside country and feed their people.

[timerland]

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys? 

First off, use a VPN when accessing exchanges or this forum for that matter if you want to go to those lengths of security. Naturally, as bitcoin grows bigger governments will want to control it.

Well it's just unfortunate, but something like this will keep on happening in 2018, the popularity of bitcoin has been too much and the government has started to take action, you got two choice,  secretly using bitcoin and buying things in bitcoin and cash out outside of your country or just stop using it

I agree with what you have to say, though not your last part of the sentence. Try finding methods that exchange bitcoin out side of Bangladesh. Don't give up on it straight away.

I hope Bangladesh realizes that instead of banning it they could instead heavily tax it (would be another option IMO (not good, but still not a ban)) and make money off it.

[HabBear]

What should we do now, Guys? 

Such irony from these governments. They said...

He also thinks all the central banks should stop this ‘gambling’, which can ‘put the global financial system at risk’. 

Bangladesh Central Banks are investing in Bitcoin, yet the Government wants to ban it? That's crazy and I bet this story may not be completely over.

Does Bangladesh not have casinos? Horse betting? Cricket betting? Gambling likely exists...if they believe Bitcoin is betting, then it's no different then betting at a casino.

[batang_bitcoin]

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys? 

Sorry for you guys so when you posted this I searched for that news so here it goes https://bdnews24.com/economy/2017/12/27/bangladesh-bank-warns-against-transaction-in-illegal-bitcoin-other-cryptocurrencies
It's up to you to decide on what you are going to do now, it's either you'll be a law abiding citizen and you'll just let this declaration calm and be gone soon. Once Bangladesh government sees good profit on crypto for sure they will revise it and will take time to adopt it.

[Reid]

Change your IP. Dont buy using bank accounts. That is all you have to do. Stay at home.
I dont think they are that advanced to trace everything that you are doing in your internet.

Maybe you could buy bitcoin person to person. Just use western union and dont tell them what the transaction is for.
Wow! I just thought you steps of how to do it in a illegal way.  

[nonilon]

It's give hope to many people that's crypto.

[dothebeats]

Not great for our BD brothers and sisters, I guess.

It just goes to show that when it comes to protecting their own best interest, the government can wear a mask to make it look like  they're the good guys when in reality, they're not. Regulating is one thing, but stating that it would be illegal to trade bitcoins in their own country is another. It's either you move out of the country to pursue your bitcoin dreams or just stop trading to avoid possible jail time.

[Lenzie]

Hehehe... We don't care about it! My friend is a Newbie army of BD! He also doing trade in Bitcoin !! hopefully soon BD gov't will understand what bitcoin is. ! for sure they gonna be love it!

Hope so. But our government doesn't understand all time, which is the best for the future. Bitcoin is a crime because it has no tax or fee! And one bank got hacked through bitcoin! Ridiculous!

Though, We will be waiting for the good news about bitcoin.

The government might have understand bitcoin and they know that they can never control bitcoin and it will continue to be unregulated and they will find it hard to benefit from it.
Everything that they don't fully get a hold of is a threat to the country and the economy. I hope this event does not happen in my country. I am a bit doubtful that it will soon happen in a lit of country. There are alot of scam issues going around and the people who don't have knowledge about it believe the scam things than the thing that happen in this forum and trading.

[s.mahmood]

It is defend  on bitcoin holder's mantalatie. If he use his income wrong  way than bitcoin makes crime.But here bitcoin is not responsible. But we can say strongly bitcoin is not create crime. 4

[lighpulsar07]

I'm sorry mate the government had officially banned bitcoin in your country i think that your government realized that they can't control bitcoin no matter what they despite all of the regulations done and they have no choice tp ban bitcoin in your country but law is a law you have to follow it or else it's jail time. I hope that your government reverse theor decision about this.

[stashi]

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

what exactly were you waiting for?!!! using bitcoin has been illegal in your country from 2014! nearly 4 years ago!

here is a quote from 15 Sep 2014:
"Bangladesh's central bank has warned against dealing in Bitcoin, saying anybody caught using the virtual currency could be jailed under the country's strict anti-money laundering laws."

you can read more about it here: http://www.telegraph.co.uk/finance/currency/11097208/Why-Bangladesh-will-jail-Bitcoin-traders.html

What should we do now, Guys? 

the same thing as the rest of your country have been doing. either stop using bitcoin or say F* you to your government and enjoy your financial freedom...
and whenever you felt down just check out what people in Zimbabwe are doing. bitcoin is also illegal there.
they use free electricity to mine bitcoin, use that to buy food from Amazon, deliver the food to a adjacent country, import it inside country and feed their people.

Looks like an impressive against oppression by governments!  Hail Bitcoin!!

[bitzzz]

Some governments like china also restrict the trading of btc. What a pity! The huge computing power in china make this a great obstacle for crypto currency.