DeFi Intel

Bangladesh Curated

DeFi Intel Research Desk2026-05-03Asia

ISO 3166-1BD
RegionAsia
CapitalDhaka
Population173M
GDP rank (global)#35
Profile depthCurated

No — cryptocurrency is banned in Bangladesh. Current status: Banned. Oversight sits with Bangladesh Bank. Full details — governing law, licensing, tax and dated enforcement history — follow below (last reviewed 2026-05-03).

Legal status

Banned

Primary regulator

Bangladesh Bank

Stablecoin status

Banned

Framework: Foreign Exchange Regulation Act 1947 + 2017 Bangladesh Bank notice.

Tax treatment

Bangladesh Bank has prohibited cryptoasset transactions since 2014, citing the Foreign Exchange Regulation Act 1947. The 2017 reaffirmation notice remains in force.

Travel rule applicability

Status: no. Bangladesh has not implemented FATF Recommendation 16 in cryptoasset rules. International counterparties applying the Travel Rule should expect missing or non-standard data fields.

Notable enforcement actions

Public licensed CASP list

Pending data — submit known Bangladesh CASPs to [email protected]. Where the local regulator publishes a public CASP register (e.g. MiCA registers in EU, FSCA in South Africa, MAS in Singapore), DeFi Intel mirrors that registry on a quarterly basis.

Comparison to neighbours

Compare Bangladesh crypto regulation with three geographically adjacent jurisdictions:

India Myanmar Bhutan

Doing business in Bangladesh — practical notes

Crypto trading is illegal. Foreign platforms are blocked at ISP level; VPN use is prevalent.

Methodology and sources

This profile aggregates primary regulatory communications, FATF mutual-evaluation reports, IMF Article IV staff reports, and DeFi Intel's enforcement-action database. Curated profile — last verified 2026-05-03. Where data is marked "pending", the regulator either has not published authoritative guidance or DeFi Intel has not yet completed source verification. We do not republish unverified third-party datasets.

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Entities mentioned