Bangladesh

Cryptocurrency transactions are prohibited in Bangladesh as per Bangladesh Bank circulars and the Foreign Exchange Regulation Act. There is no indication of legal frameworks supporting crypto activities.

Overview

Status	Banned
Risk Score	70/100 (High Risk)
Region	south asia
Currency	BDT

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

No crypto-specific tax guidance available.

Licensing & Registration

Required	No
Regulator	BB
Framework	Bangladesh Bank FE Circular No. 24 (September 2022) prohibiting virtual currency transactions; Foreign Exchange Regulation Act 1947; Money Laundering Prevention Act 2012; Anti-Terrorism Act 2009
Ease	very_complex

Enforcement Activity

Level: Moderate

No detailed enforcement information available

AML / KYC

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

DeFi, Stablecoins & NFTs

Status: Banned

Stablecoins

Status: Banned

NFTs

Status: Banned

Mining

Legal	No
Electricity Cost	$0.08/kWh
Renewable Energy	20%
Infrastructure	fair

Crypto mining is banned in Bangladesh as per regulatory stance. Electricity cost is moderate, renewable energy share is low, and infrastructure is fair for data centers.

Geopolitical Risk

Stability	moderate
Sanctions	No
Corruption Index	26/100
Banking Access	restricted

Risk Factors

capital controls
regulatory uncertainty
limited banking access for crypto businesses

Bangladesh has moderate political stability but faces challenges such as regulatory uncertainty and restricted banking access for crypto companies. No major international sanctions apply.