History-in-Banladesh (1).doc

History-in-Banladesh (1).doc - History in Banladesh Though...

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History in Banladesh: Though bitcoin is accepted and also very popular all over the world but the central bank of Bangladesh is declared Bitcoin as illegal. In a new warning issued by the central bank of Bangladesh, any transaction in “bitcoin or any other cryptocurrency is a punishable offense.” According to a report by Agence France- Presse (AFP), bank officials said that anyone found guilty of using or selling bitcoin in the country could be sentenced to up to 12 years in jail. The Bangladesh Bank is not separate bitcoin out for harsh punishment.. Bitcoin users can hide their identity that’s why bitcoin is most popular to the criminals. Central bank has no control over bitcoin. But if the users are found they will be punished. An estimated 45 to 81 percent of Bangladesh’s GDP comes from the “underground” (black market) economy, and the
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  • Fall '18
  • Economy of Bangladesh, Bangladeshi takas

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