
KATHMANDU:- The Nepal Rastra Bank (NRB) has warned of action against those involved in the business of virtual currency and networking. Issuing a press statement on Sunday, the NRB said anyone found involved in the business of crypto currency and pyramid-based networking as hyper fund, jocyal, crowd1, soul max and global would be punished.
“Virtual currency is not given legal recognition in Nepal. So, the people can be defrauded by such virtual currency and networking. It also leads to illegal capital outflow,” the NRB said, adding that even the foreign citizen, if founded in this illegal act, would be punished as per law.
Comment here !
Related News
KATHMANDU:- Nepal Chamber of Commerce (NCC) has urged Malaysia for the establishment of industrial village in Nepal. The NCC representatives
KATHMANDU:- The Millennium Challenge Corporation (MCC) Compact has been published in the Nepal Gazette, the government’s official bulletin. With this,
KATHMANDU:- Although agriculture has been a major sector of the country’s economy as the main source of livelihood, employment and
KATHMANDU:- The third BIMSTEC energy ministerial meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)