Recently, one bitcoin was worth almost one crore Nepali Rupees. Despite this, neither civil society nor the tech community has taken steps to engage in a discussion regarding the potential regressive effects on the country's tech future if the bitcoin ban persists.

The US is taking a liberal approach toward cryptocurrencies. On 9th March 2022, President Joe Biden put out an executive order calling on the government to examine the risks of crypto assets to protect US-based people and businesses interacting with virtual digital assets, abolish illegal crypto activity, and explore the possibility of creating a Central Bank Digital Currency.

A Crypto Frenzy

June 27, 2021 07:39 am

Our economy has created countless possibilities to earn wealth, but we have always known that money must be created from something real. However, this does not apply to cryptocurrencies since billions of dollars are being created through a virtual process known as ‘mining’.

NEW DELHI/MUMBAI, March 15: India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class.

The Bitcoin lottery

March 12, 2021 08:00 am

The sudden rise of "special purpose acquisitions companies" and cryptocurrencies speaks less to the virtues of these vehicles than to the excesses of the current bull market.

TOKYO, July 12: A Japanese cryptocurrency exchange has reported a hack causing the loss of 3.5 billion yen, or $32 million, worth of virtual money.

On cryptocurrencies

November 21, 2018 00:30 am

Crypto-fanatics have seized on policymakers’ consideration of central bank digital currencies as proof that even central banks need blockchain to enter digital-currency game