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Author Topic: Cryptocurrency is still illegal in Bangladesh.  (Read 1409 times)
Mungurul (OP)
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May 30, 2018, 11:16:13 AM
Last edit: December 03, 2020, 09:16:43 AM by Mungurul
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liangweicha
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May 30, 2018, 11:17:57 AM
 #2

I think the legalization of bitcoin and the crypto-currency market is for sure.
Because more and more countries are accepting bitcoin and crypto-currency markets.

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May 30, 2018, 11:22:38 AM
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I think the legalization of bitcoin and the crypto-currency market is for sure.
Because more and more countries are accepting bitcoin and crypto-currency markets.
Yeah some of the countries easily accept the cryptocurrency on their market because they already saw what crypto can do to improve their market but at the same time some of the countries got threatened about it. Mostly the banks are the one who hinder the legalization of crypto.

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May 30, 2018, 11:30:15 AM
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If the development of cryptocurrency in Bangladesh is more advanced and many large companies adopt crypto, I think the Bangladesh government will legalize for some other crypto, and that's very good.
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May 30, 2018, 01:45:35 PM
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Bitcoin and cryptocurrency is still illegal in Bangladesh. Today Dent is launched in Bangladesh by four major Telecommunication company (Robi, Grameen phone, Banglalink and Airtel). Now all Bangladeshi can buy mobile data pack by Dent tokens. Do you think Bangladesh Govt will legalize another few coins?
Not only illegal in this country, but also many countries can not accept the BTC, they always find ways to stop the BTC, so the cryptographic market has not really developed in the world. But I find them to have many advantages, although in the payment of goods and services they have many limitations, but in the international payment they are a great tool.
KingScorpio
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May 30, 2018, 01:51:39 PM
 #6

I think the legalization of bitcoin and the crypto-currency market is for sure.
Because more and more countries are accepting bitcoin and crypto-currency markets.

pah you are so naive, west bengal had food riots recently, why should it support the energywaster bitcoin?

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May 31, 2018, 03:24:21 PM
 #7

Bitcoin and cryptocurrency is still illegal in Bangladesh. Today Dent is launched in Bangladesh by four major Telecommunication company (Robi, Grameen phone, Banglalink and Airtel). Now all Bangladeshi can buy mobile data pack by Dent tokens. Do you think Bangladesh Govt will legalize another few coins?
I think Bangladesh Government will legalize Bitcoin like any powerful countries like US and Japan. The only government that will try to restrict Bitcoin are those Corrupt countries that don't want their transaction to be available in public.
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June 01, 2018, 09:15:53 AM
 #8

Its true right now there are many countries are banned bitcoin. They feel bitcoin is an illegal currency. In Bangladesh bitcoin trade is also illegal. But situation is changing. Some countries are accepting bitcoin. So I think Bangladesh also accept bitcoin.
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June 01, 2018, 10:05:19 AM
 #9

Sad but this is true. But I hope soon bangladesh will learn how effective crypto currency is and will allow in this country. The government need to learn the worth of crypto first.
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June 01, 2018, 11:16:54 AM
 #10

Not just Bangladesh, there are several other countries where bitcoin is illegal such as Algeria, Bolivia, Nepal and Ecuador.

According to my knowledge Bangladesh government didn't lift the cryptocurrency ban. I am not sure how did Dent and those telecom operators launch cryptocurrency based services as it is still illegal in Bangladesh.  Huh
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June 01, 2018, 11:21:15 AM
 #11

United States as well
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June 01, 2018, 11:21:21 AM
 #12

If many large corporations in Bangladesh are adopting bitcoin or other crypto, I am sure that cryptocurrency in Bangladesh will grow for the future of crypto in Bangladesh.
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June 01, 2018, 11:31:34 AM
 #13

Bitcoin and cryptocurrency is still illegal in Bangladesh. Today Dent is launched in Bangladesh by four major Telecommunication company (Robi, Grameen phone,anglalink and Airtel). Now all Bangladeshi can buy mobile data pack by Dent tokens. Do you think Bangladesh Govt will legalize another few coins?

By the time the government come into terms with what crypto can do in their economy,  They will legalize the use of cryptocurrency and blockchain technology. Very soon the will feel the pressure and then lift whatever ban on cryptocurrency.                
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June 01, 2018, 11:56:08 AM
 #14

this is such a great news for bangladeshi people. and these four major Telecommunication company Robi, Grameen phone, Banglalink and Airtel. plays very influencial role in bangladesh by their promotional activities. i believe they will promote crypto currency so beautifully to the people, so people will except it more.
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June 01, 2018, 12:09:36 PM
 #15

Bitcoin and cryptocurrency is still illegal in Bangladesh. Today Dent is launched in Bangladesh by four major Telecommunication company (Robi, Grameen phone, Banglalink and Airtel). Now all Bangladeshi can buy mobile data pack by Dent tokens. Do you think Bangladesh Govt will legalize another few coins?
Well,I don't know the reason why it is ellegal in Bangladesh but it is good for me as a user of crypto because here in our country,it is not yet ellegal.So for me, why I am going to problem another country if my country there's no problem on it.

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June 01, 2018, 12:45:07 PM
 #16

I know that some governments still don't approve the currency but what to do, it is not very important i think today. in the future , gradually, more and more countries will approve it and I am sure that it will win soon
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June 01, 2018, 12:53:15 PM
 #17

Not just Bangladesh, there are several other countries where bitcoin is illegal such as Algeria, Bolivia, Nepal and Ecuador.

According to my knowledge Bangladesh government didn't lift the cryptocurrency ban. I am not sure how did Dent and those telecom operators launch cryptocurrency based services as it is still illegal in Bangladesh.  Huh

Maybe the government is not aware of that or the officials were bribed this could be the reason.

Bangladesh is also one of the top listed corrupted country so powerful corporates can do anything with the money but bitcoin don't have any central authority to bribe to make it illegal in their country.So bitcoin is still illegal to use there. Shocked

paul gatt
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June 01, 2018, 01:04:53 PM
 #18

Not only in Bangladesh but also in many parts of the world still accept electronic money and it is still used. By the same lime bitcoin smoothly. Immediate trading, immediately. Digital forex trading occurs in minutes whether the transaction is halfway around the globe. Especially low cost.
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June 01, 2018, 02:05:39 PM
 #19

Due to having some transparent issue, Bangladesh Govt. have not approved cryptos. But they are adopting the best invention of the recent technology and from that perspective I think they will develop better system to accept the cryptocurrency.
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June 01, 2018, 06:57:49 PM
 #20

Yeah, it is true that cryptocurrency is illegal in Bangladesh. But beside this it is a good that Dent token is being used by four big telecommunication companies of Bangladesh which is positive sign towards cryptocurrency I guess. I hope soon more coins will be legalize in Bangladesh and slowly regulations from cryptocurrency will be removed.
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