Crypto Regulation in Bangladesh

Banned

Tax Information

Capital Gains (Personal)
N/A - crypto banned
Capital Gains (Corporate)
N/A
VAT on Crypto
No
Staking Tax
N/A
Airdrop Tax
N/A
Mining Tax
--

Licensing & Registration

License Required
No
Regulator
BB (Bangladesh Bank)
Framework
Bangladesh Bank circular (2017) prohibiting cryptocurrency transactions; Foreign Exchange Regulation Act cited
License Types
--
Estimated Cost (USD)
N/A
Timeline
N/A months
Ease of Licensing
Very Complex

AML / KYC

KYC Required
Yes
Travel Rule
No
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
No
Status
Banned
Electricity Cost ($/kWh)
$0.08
Renewable Energy
20%
Climate
Tropical
Infrastructure
Moderate
Tax on Mining Income
N/A
Notes
Crypto mining is explicitly prohibited or effectively banned in this jurisdiction.

DeFi, Stablecoins & NFTs

DeFi: bannedStablecoins: bannedNFTs: bannedCBDC: research - Bangladesh Bank exploring CBDC options

Soken Services

Legal Opinion
Available | $8,000 - $25,000 | 14 days
Banking
Difficulty: Very Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT

Sources

Bangladesh Bank
high

Frequently Asked Questions

Is crypto legal in Bangladesh?
Cryptocurrency is currently classified as "Banned" in Bangladesh.
What is the crypto tax rate in Bangladesh?
In Bangladesh, the personal capital gains tax on crypto is N/A - crypto banned, and the corporate tax rate is N/A.
Do I need a crypto license in Bangladesh?
No, Bangladesh does not currently require a specific crypto license, though other financial regulations may apply.
Is crypto mining legal in Bangladesh?
No, crypto mining is currently banned or illegal in Bangladesh. Crypto mining is explicitly prohibited or effectively banned in this jurisdiction.
What are the AML/KYC requirements for crypto in Bangladesh?
Yes, crypto businesses in Bangladesh must comply with KYC (Know Your Customer) requirements.