Bangladesh

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Bangladesh Bank's FE Circular 24 of 2022 bars any transaction to obtain virtual assets under the FER Act 1947.

There is no dedicated crypto regime to follow in Bangladesh yet. We keep it on the map and will open a full rulebook when that changes.

Nearby markets at a glance

How the markets Four Pillars tracks in full across South Asia stand on the questions people ask about Bangladesh, each linked to its full rulebook.

Market	Exchanges	Stablecoins	Tokenisation	Retail	Tax
IndiaRegulation by tax and AML: crypto is legal, heavily taxed and FIU-registered, but India still has no licensing law.	Partial	Restricted	Restricted	Partial	Comprehensive
PakistanFrom a 2018 banking ban to a full licensing law: PVARA now regulates a market the government puts at over 40 million users.	Partial	Developing	Developing	Partial	Developing
BhutanA hydro-powered bitcoin miner that walls crypto off: licensed activity lives only in Gelephu Mindfulness City, and home banks stay closed.	Partial	Partial	Partial	Restricted	Partial

From local outlets, summarised in English.