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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 Unit...

Draft policy prepared for allowing investment abroad Sohel Hossain Patwary 18th April, 2021 11:45:43 The government has prepared the draft of a policy to allow Bangladeshi investors to invest in other countries. The draft policy titled ‘Bangladeshis Foreign Investment Abroad-2021’ will allow only the local export-oriented businesses to invest in similar businesses in other countries. According to the draft policy, export-oriented businesses can invest overseas in the form of equity investment. They can invest up to 25 per cent of their net annual export of the past five years as an. Loan ...

ABCDEFG SEOUL, Jan. 22 (Yonhap) -- An appellate court on Friday upheld a lower court's seven-year prison sentence for a son of Chung Tae-soo, the late founder of the now-defunct Hanbo Group, who was convicted of embezzlement and other crimes last year after 21 years on the run abroad. The Seoul High Court also ordered Chung Han-keun, the fourth son of the late Hanbo founder, to forfeit 40.13 billion won (US$32.6 million) after finding him guilty of embezzlement, illicit capital flight and violating the foreign exchange law. The junior Chung received the same sentence from the Seoul Central...