Nepal

Nepal Rastra Bank has declared cryptocurrency trading and mining illegal since 2017, with reinforcement in 2021. There are no legal frameworks supporting crypto activities in Nepal.

Overview

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

Tax

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

RequiredNo
RegulatorNRB
FrameworkNRB declared crypto trading and mining illegal (2017); reinforced in 2021
Easevery_complex
CostN/A

DeFi

Status: Banned

Stablecoins

Status: Banned

NFTs

Status: Banned

Mining

LegalNo
Electricity$0.06/kWh
Renewable90%
Infrastructurefair

Crypto mining is banned by Nepal Rastra Bank since 2017, reinforced in 2021. Despite low electricity costs and high renewable energy share, mining is illegal.

Geopolitics

Stabilitymoderate
SanctionsNo
Corruption Index34/100
Banking Accessrestricted

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

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