Three held for illegal cryptocurrency transaction

KATHMANDU: Three individuals have been arrested for their involvement in the transaction of cryptocurrency, a virtual currency banned in Nepal. Acting on a tip-off, a squad of the Valley Crime Investigation Branch on Monday rounded up New Road-based entrepreneurs 22-year-old Anup Mishra, Dipesh Thapa, 24, and Rahul Chauhan,27. Police said they have made a transaction […]

सम्बन्धित सामग्री

NRB unveils Cryptocurrency Risk Assessment Report

Nepal Rastra Bank (NRB) has unveiled the Cryptocurrency Risk Assessment Report today. In the Report the country's central bank has concluded that cryptocurrency cannot be brought into use as transaction in it would be financially risky. Cryptocurrency transaction is banned by the existing laws of Nepal.

NRB unveils Cryptocurrency Risk Assessment Report

KATHMANDU: Nepal Rastra Bank (NRB) has unveiled the Cryptocurrency Risk Assessment Report today. In the Report the country’s central bank has concluded that cryptocurrency cannot be brought into use as a transaction in it would be financially risky. Cryptocurrency transaction is banned by the existing laws of Nepal. “It entails risks as an investment in […]

NRB unveils Cryptocurrency Risk Assessment Report

Nepal Rastra Bank (NRB) has unveiled the Cryptocurrency Risk Assessment Report today. In the Report the country's central bank has concluded that cryptocurrency cannot be brought into use as a transaction as it would be financially risky. Cryptocurrency transaction is banned by the existing laws of Nepal.

DRI files case against two involved in illegal transaction of dollar and crypto

KATHMANDU: The Department of Revenue Investigation (DRI) has filed a case against two persons involved in illegal dollar and cryptocurrency transactions. The DRI filed a case against Puskar Shrestha, 28, and Binita Limbu, 23, of Ratuwamai Municipality-7 in Morang district. The case was filed in the Kathmandu District Court on Monday. The DRI alleges that […]

Entire family engaged in cryptocurrency

The family’s engagement on cryptocurrency transaction was revealed after the Department of Revenue Investigation (DRI) on Monday filed a case against the family members.

Shiba inu price spiked 13% after crypto whale bought 4 trillion tokens

Shiba Inu's value has risen by 10% in the last 24 hours after an Ethereum whale grabbed bought 4 trillion SHIB tokens in a single transaction for $134 million. The whole crypto market has been on a strong surge over the last 24 hours, with prices of most prominent crypto currencies surging, but one specific whale's enormous SHIB transaction saw Shiba Inu's % growth in value overtake Bitcoin and Ether. Shiba Inu is currently the "most traded and biggest hodling token among the top 1000 ETH wallets," according to a tweet by WhaleStats, a tracker that maintains a careful check on the wallets owned by the 1,000 wealthiest Ethereum whales. However, this isn't the first time Shiba Inu has shown to be the preferred cryptocurrency for whales with large Ethereum wallet holdings. Meanwhile, the whale's wallet, which purchased 4 trillion SHIB tokens, currently contains more than $144 million in Shiba Inu tokens, accounting for 26% of the portfolio's...

NRB Warns Against the Use of Cryptocurrency in Nepal

Nepal Rastra Bank (NRB) has warned about the dangers of Cryptocurrency. Issuing a notice on September 9, Thursday, NRB has announced that the transaction of cryptocurrency is illegal and anyone involved in any of such activity will be taken legal action as per existing laws. ALSO READ: NTA Studying the Possibility of Refurbishing and Assembling… The post NRB Warns Against the Use of Cryptocurrency in Nepal appeared first on TechLekh: Latest Tech News, Reviews, Startups and Apps in Nepal.

NRB issues notice on cryptocurrency

Nepal Rastra Bank, the banking sector regulator and supervisor, has issued a notice on Thursday warning that the transaction, usage and mining of cryptocurrency is illegal in the country.