Bangladesh

Cryptocurrency transactions are prohibited in Bangladesh as per Bangladesh Bank circulars and the Foreign Exchange Regulation Act. There is no indication of legal frameworks supporting crypto activities.

Overview

StatusBanned
Risk Score90/100 (Very High Risk)
Regionsouth asia
CurrencyBDT

Tax Information

Capital Gains (Personal)N/A - crypto banned
Capital Gains (Corporate)N/A
VAT on CryptoNo
Staking TaxN/A
Airdrop TaxN/A

No crypto-specific tax guidance available.

Licensing & Registration

RequiredNo
RegulatorBB
FrameworkBangladesh Bank circular (2017) prohibiting cryptocurrency transactions; Foreign Exchange Regulation Act cited
Easevery_complex

Enforcement Activity

Level: Moderate

No detailed enforcement information available

AML / KYC

KYC RequiredYes
Travel RuleNo
FATF MemberNo
FATF Statusnon_compliant
FATF BodyAPG
Suspicious-Activity ReportingNo

DeFi, Stablecoins & NFTs

Status: Banned

Stablecoins

Status: Banned

NFTs

Status: Banned

Mining

LegalNo
Electricity Cost$0.08/kWh
Renewable Energy20%
Infrastructurefair

Crypto mining is banned in Bangladesh as per regulatory stance. Electricity cost is moderate, renewable energy share is low, and infrastructure is fair for data centers.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index26/100
Banking Accessrestricted

Risk Factors

Bangladesh has moderate political stability but faces challenges such as regulatory uncertainty and restricted banking access for crypto companies. No major international sanctions apply.

Sources

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Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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