Crypto currencies’ ownership is not a crime: BB
Staff Correspondent
27th July, 2021 10:15:05 PM
Ownership, preservation or transaction of crypto currencies is not a crime, the foreign exchange policy department of Bangladesh Bank said in response of a letter from Criminal Investigation Department (CID) of Bangladesh police.
Bangladesh Bank also stated that the current virtual currency market in all over the world is around two trillion US dollars.
Earlier the currency was not recognised by any legal authority, but now in some countries such as Japan, Singapore, United Arab Emirates and United States’ central bank or currency regulator has taken the initiative to legalise the transactions of crypto currency.
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