Tag: Nepal Rastra Bank crypto

Nepal's Crypto Ban Under Foreign Exchange Act 1962: What It Means and Why It Stands Out

Posted By leo Dela Cruz    On 2 Mar 2026    Comments(0)
Nepal's Crypto Ban Under Foreign Exchange Act 1962: What It Means and Why It Stands Out

Nepal's strict crypto ban under the Foreign Exchange Act 1962 prohibits all digital asset activity, yet underground trading and mining persist. With prison terms and heavy fines, enforcement remains weak, while global trends point toward eventual regulatory change.