When the Bangladesh crypto ban, a nationwide prohibition on cryptocurrency trading and use enforced by the central bank in 2021. Also known as crypto trading ban in Bangladesh, it made buying, selling, or holding Bitcoin and other digital assets illegal under the Foreign Exchange Regulation Act. The move wasn’t about blocking technology—it was about controlling money flows. The Bangladesh Bank didn’t want citizens bypassing official channels or sending funds overseas without oversight. But while the law is strict, people still find ways to trade.
Many users now rely on peer-to-peer platforms like LocalBitcoins or WhatsApp groups to swap Tether for Bangladeshi taka. These aren’t exchanges—they’re informal deals between individuals. That makes them risky. There’s no customer support, no chargebacks, and no legal protection if someone disappears with your money. Crypto exchange ban Bangladesh, refers to the official prohibition of foreign platforms like Binance or Coinbase from operating in the country. Also known as blocked crypto platforms Bangladesh, it means you can’t sign up for regulated apps unless you’re using a VPN—and even then, you’re breaking the law. Meanwhile, crypto regulation Bangladesh, remains undefined beyond the ban, with no clear path to legalization or licensing for local projects. Also known as Bangladesh crypto legal framework, it leaves traders in a gray zone: technically illegal, but widely practiced. Some people pay taxes on crypto profits anyway, hoping to stay under the radar. Others avoid the topic entirely, fearing harassment or legal action.
What you’ll find here are real stories and breakdowns from people who’ve navigated this system. You’ll see how traders avoid detection, what happens when authorities crack down, and why some still believe crypto will eventually be accepted. There are no official guides—just hard-won experience. These posts cover everything from wallet security in a banned environment to how local money changers now double as crypto brokers. If you’re in Bangladesh or know someone who is, this isn’t theoretical. It’s survival.
The 12-year prison sentence for crypto trading in Bangladesh is widely reported but misleading. No one has been jailed for that long. Learn what laws actually apply, who gets targeted, and how people still trade crypto despite the risks.
