Bangladesh Curated
Is crypto legal in Bangladesh? (2026)
No — cryptocurrency is banned in Bangladesh. Current status: Banned. Oversight sits with Bangladesh Bank. Full details — governing law, licensing, tax and dated enforcement history — follow below (last reviewed 2026-05-03).
Legal status
Primary regulator
Stablecoin status
Framework: Foreign Exchange Regulation Act 1947 + 2017 Bangladesh Bank notice.
Tax treatment
Bangladesh Bank has prohibited cryptoasset transactions since 2014, citing the Foreign Exchange Regulation Act 1947. The 2017 reaffirmation notice remains in force.
- Capital-gains rate (general): N/A — banned
- Holding-period rule: N/A
Travel rule applicability
Status: no. Bangladesh has not implemented FATF Recommendation 16 in cryptoasset rules. International counterparties applying the Travel Rule should expect missing or non-standard data fields.
Notable enforcement actions
- 2024. CID arrests Dhaka-based Binance-affiliated promoter under Money Laundering Prevention Act.
- 2025. Bangladesh Bank circular instructs MFS providers (bKash, Nagad) to flag crypto-related transfers.
Public licensed CASP list
Pending data — submit known Bangladesh CASPs to research@defi-intel.com. Where the local regulator publishes a public CASP register (e.g. MiCA registers in EU, FSCA in South Africa, MAS in Singapore), DeFi Intel mirrors that registry on a quarterly basis.
Comparison to neighbours
Compare Bangladesh crypto regulation with three geographically adjacent jurisdictions:
Doing business in Bangladesh — practical notes
Crypto trading is illegal. Foreign platforms are blocked at ISP level; VPN use is prevalent.
Methodology and sources
This profile aggregates primary regulatory communications, FATF mutual-evaluation reports, IMF Article IV staff reports, and DeFi Intel's enforcement-action database. Curated profile — last verified 2026-05-03. Where data is marked "pending", the regulator either has not published authoritative guidance or DeFi Intel has not yet completed source verification. We do not republish unverified third-party datasets.
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