Nepal’s telecommunications regulator has ordered the country's internet service providers to block all cryptocurrency trading websites, threatening legal action against those that fail to comply., the Nepal Telecommunication Authority ordered ISPs and email service providers to prevent access to “websites, apps or online networks” related to crypto.
It stated that virtual currency transactions “are increasing in recent days [translated]” and reiterated that crypto transactions in the country are illegal.. “Encouraging” others to use crypto is also an activity punishable by law.regarding crypto websites asking the public to notify the regulator if they have information “related to the name of such website, app or online network.”
In the April notice, it also threatened legal action if “anyone is found to have done or been doing” crypto-related activities, but did not call for a block on access to crypto services at the time.
Taking the banning and blocking path will not lead Nepal and its citizens to progress.
Nepal’s telecommunications regulator has ordered the country’s internet service providers (ISPs) to block all cryptocurrency trading websites, threatening legal action against those that fail to comply.
While we see other states developing, some others are taking some steps back.
You can block crypto websites, not crypto! Bitcoin is uncensored and uncontrollable.
A poor country that survive in remittance. I wonder who would like to cut off citizens with no VPN skill from saving in fees, maybe, just maybe someone is interested in keeping their monopoly gladstein
This will be a really hard kick for crypto. Nepal is a Goliath in the financial world. I guess see ya in 2025...
A $2 a month VPN will circumvent any website block. The regulators are so misguilded into thinking we all live in their borders. The internet is global. 🤔
Damn. 👀
Would VPN's serve as a quick fix?
why are there countries afraid of crypto?
It's been a 10th time nepal ordered to ban websites but nothing effected as decentralised power going upwards
Eventually ISPs will be obsolete
Just use Chrome Open DNS and Isp ban is ineffective.
Shit like this shows me we’re winning.
Nepal… the heart of the financial world.