Is cryptocurrency Legal in Nepal (2022 updated)
Is cryptocurrency Legal: Recently central Bank has published a notice to clarify whether the cryptocurrency is Legal or not. Read this blog for more detail. Table of content what is cryptocurrency? Is cryptocurrency Legal in Nepal? conclusion what is cryptocurrency? In simple words, crypto means secret and currency means mode/medium of purchase of goods and services. It is a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography rather than by a centralized authority. we can simply say it as a digital form of cash. There is no physical coin or bill unless you use a service that allows you to cash in cryptocurrency for a physical token. Bitcoin is one of the examples of a popular cryptocurrency. There is a very high risk and high return in cryptocurrency. It is a highly volatile (Almost there is a 30% fluctuation in the price of bitcoin in a day) market. there are both advantages and disadvantages of cryptocurrency. s...