Why is CRYPTO Banned in Nepal? FT @ThirdWorldNerd

Discover the legendary “Bitcoin Pizza Day” where 10,000 Bitcoins bought two pizzas, now valued at a billion dollars, tempting many with crypto’s massive potential. Yet, for Nepalis, investing in Bitcoin and other cryptocurrencies is strictly illegal, with the Nepal Rastra Bank (NRB) enforcing a ban due to concerns over financial stability, consumer protection, money laundering, and capital flight. Learn the fascinating history of money and delve into why Nepal’s strong stance makes crypto an unviable option for its citizens, unlike many other parts of the world.

#Bitcoin #Cryptocurrency #Nepal #BitcoinPizzaDay #Blockchain #DigitalCurrency #CryptoNepal #Banking #CryptoBan #NepalEconomy #FutureOfMoney #InDepthStory #cryptoexplained

Sources: https://docs.google.com/document/d/1riGsa11BTcW5Zb0pv4ZZRvrZ99OKqQ5Q84Z1lS0wl5E/edit?usp=drivesdk

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