Risingbd Online Bangla News Portal

Dhaka     Friday   29 March 2024

BB urges all to abstain from transactions of crypto currencies

News Desk || risingbd.com

Published: 21:27, 29 July 2021   Update: 22:10, 29 July 2021
BB urges all to abstain from transactions of crypto currencies

Bangladesh Bank urged all to abstain from transactions of online-based crypto currencies or virtual currencies.

The central bank issued a notification in this regard on Thursday (July 29).

Virtual currency or crypto currencies is not approved by the Bangladesh. So, everyone will have to refrain from any kind of crypto currencies or virtual currencies to avoid financial and legal risks.

The notification also said that it was informed that online-based virtual or crypto currency such as Bitcoin, ethereum, ripple was being traded on different exchange platforms. These are also not legal currencies as they are not issued by any authorized authorities of any country in the world. So, any financial claim against these currencies doesn’t have any recognition.

Dhaka/N F/Nasim