Cryptocurrency Enforcement in Bangladesh: What’s Really Happening

When it comes to cryptocurrency enforcement Bangladesh, the government’s stance is clear: crypto is illegal for trading, sending, or receiving through banks or financial institutions. Also known as crypto crackdown Bangladesh, this policy has been in place since 2017, with the central bank issuing warnings that using digital assets could lead to criminal charges. Unlike countries that regulate crypto with licenses and taxes, Bangladesh treats it like contraband—no gray area, no exceptions.

That doesn’t mean people stopped using it. In fact, peer-to-peer trading surged during the pandemic, with users turning to WhatsApp groups, Telegram channels, and local money changers to buy Bitcoin and USDT. The Bangladesh crypto regulation, a patchwork of banking restrictions and vague legal threats. Also known as crypto legality Bangladesh, it’s enforced unevenly—some users get arrested for large transfers, while others trade daily without a single question. The real target isn’t everyday users—it’s money launderers, ransomware operators, and cross-border fraud rings using crypto to move cash out of the country. In 2023, authorities seized over $12 million in crypto linked to gambling rings and fake investment schemes, but rarely publicize details.

The gap between law and reality is wide. While banks block crypto-related transactions, local exchanges still operate under the radar, often disguised as remittance services. The crypto seizure Bangladesh, has become a tool for law enforcement to target suspected criminals, not to educate the public. Also known as crypto crackdown Bangladesh, these seizures are rarely followed by court cases, and seized coins are often held indefinitely or sold quietly through private channels. Meanwhile, young traders keep using P2P apps like LocalBitcoins and Paxful, knowing the risk—but also knowing the payoff. If you’re in Bangladesh and holding crypto, you’re not breaking the law by owning it—you’re breaking it by moving it through official channels.

What you’ll find in the posts below are real cases, crackdowns, and user stories from inside Bangladesh’s crypto underground. You’ll see how people adapt, what gets seized, and why the rules keep changing without ever being officially updated. This isn’t about speculation or DeFi—it’s about survival in a system that says crypto doesn’t exist… even when everyone knows it does.