BITCOIN: CRYPTOTREND In NEPAL | 7 Nabbed For Running Bitcoin Exchange Business


Recently I saw the notice from Central Bank of Nepal which stated about Prohibiting Buying and Selling of Cryptocurrency in Nepal. I’ve written a blog about this topic here:


Bitcoin is a hot topic over the globe and everyone is following this Cryptotrend. I started surfing on internet to collect more information about Cryptocurrency. My focus was specially towards news that are related to Cryptocurrency and its usage in Nepal.

It was the month of July 2017 the notice was stated by Central Bank of Nepal. and just recently I found a news published by National Magazine of Nepal The Kathmandu Post which was entitled: 

7 nabbed for running bitcoin exchange business

Gyan Prasad Paudel of Sindhuli, Madhav Khanal of Arghakhanchi, Prashant Pratap Shah of Kathmandu, Bida Dhakal of Nuwakot, Mingmar Tamang of Sindhupalchok, Daman Basnet of Kathmandu, and Manish Kumar Giri of Rupandehi, these seven were arrested by a police team deployed from the Central Investigation Bureau (CIB) of Nepal Police.

You can find the detailed news on this link:

Bitcoin is flourishing over many Asian Countries like India, Japan and Korea. There are ATM Centers and VISA CARDs available for doing Bitcoin Transaction in Russia. While here at Nepal People were nabbed by the Government Officials for using Bitcoin. 

Well, I still don’t have a clear knowledge about Bitcoin and Bitcoin Usage if one should use it or not. But I will frequently be collecting and sharing news about Bitcoin and Cryptotrend. This will help me & readers to understand about CryptoCurrency.