Crypto Laws in Bangladesh: What’s Legal, What’s Not, and How Traders Are Adapting

When it comes to crypto laws in Bangladesh, the country’s central bank prohibits financial institutions from handling cryptocurrency transactions, making crypto trading technically illegal for most users. Also known as Bangladesh cryptocurrency regulations, these rules were reinforced in 2021 and remain unchanged as of 2025. The Bangladesh Bank, the nation’s central monetary authority. Also known as Central Bank of Bangladesh, it has repeatedly warned that using Bitcoin, Ethereum, or any other digital asset violates the Foreign Exchange Regulation Act. This means banks can freeze accounts, and individuals risk fines or even criminal charges if caught trading through traditional channels.

But here’s the twist: crypto isn’t gone—it’s underground. Despite the ban, P2P crypto Bangladesh, peer-to-peer trading using apps like Binance P2P, LocalBitcoins, and WhatsApp groups. Also known as cryptocurrency P2P trading, it has exploded. People use VPNs, encrypted messaging, and cash deposits to buy and sell crypto without touching banks. It’s not legal, but enforcement is patchy. The government struggles to track every transaction when users move funds through informal networks, mobile wallets, or even gift cards. Meanwhile, digital currency ban Bangladesh, the official stance against private cryptocurrencies. Also known as crypto prohibition Bangladesh, it hasn’t stopped the rise of stablecoins like USDT, which are used to preserve value and bypass restrictions.

Scams are rampant. Fake airdrops, fake exchanges, and phishing sites target new users who don’t know the rules. If you see a site promising free tokens or guaranteed returns in Bangladesh, it’s a trap. The same patterns seen in Nepal, Bolivia, and Russia are playing out here: people want access to global finance, but they’re vulnerable because they lack official guidance. That’s why the posts below focus on real cases—like how users in sanctioned countries bypass controls, how to spot fake airdrops, and why security and awareness matter more than ever. You won’t find a legal roadmap for crypto in Bangladesh because one doesn’t exist. But you will find what people are actually doing, what’s working, and how to avoid losing everything.