{"id":538259,"date":"2023-01-10T08:36:51","date_gmt":"2023-01-10T05:36:51","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nepal-regulator-orders-isps-to-block-crypto-websites-or-face-the-law\/"},"modified":"2023-01-10T08:36:51","modified_gmt":"2023-01-10T05:36:51","slug":"nepal-regulator-orders-isps-to-block-crypto-websites-or-face-the-law","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nepal-regulator-orders-isps-to-block-crypto-websites-or-face-the-law\/","title":{"rendered":"# Nepal regulator orders ISPs to block crypto websites or face the law"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3d8fe562a8b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3d8fe562a8b\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/nepal-regulator-orders-isps-to-block-crypto-websites-or-face-the-law\/#%E2%80%9D_Nepal_regulator_orders_ISPs_to_block_crypto_websites_or_face_the_law_%E2%80%9C\" >&#8221; Nepal regulator orders ISPs to block crypto websites or face the law &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Nepal_regulator_orders_ISPs_to_block_crypto_websites_or_face_the_law_%E2%80%9C\"><\/span>&#8221; Nepal regulator orders ISPs to block crypto websites or face the law &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-6ed77c39>Nepal\u2019s telecommunications regulator has ordered the country&#8217;s  internet service providers (ISPs) to block all cryptocurrency trading websites, threatening legal action against those that fail to comply.<\/p>\n<p>In a Jan. 8 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/nta.gov.np\/en\/notice-20230108\/\">notice<\/a>, the Nepal Telecommunication Authority (NTA) ordered ISPs and email service providers to prevent access to \u201cwebsites, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>s or online networks\u201d related to crypto.<\/p>\n<p>It stated that virtual currency transactions \u201care increasing in recent days [translated]\u201d and reiterated that crypto transactions in the country are illegal.<\/p>\n<p>Nepal Rastra Bank (NRB), the country\u2019s central bank, declared crypto trading and mining illegal in a Sept. 2021 notice. \u201cEncouraging\u201d others to use crypto is also an activity punishable by law. <\/p>\n<p>In Apr. 2022, the NTA issued a similar caution <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/nta.gov.np\/en\/notice-20220425\/\">notice<\/a> regarding crypto websites asking the public to notify the regulator if they have information \u201crelated to the name of such website, app or online network.\u201d<\/p>\n<p>In the April notice, it also threatened legal action if \u201canyone is found to have done or been doing\u201d crypto-related activities, but did not call for a block on access to crypto services at the time.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Bank of India report calls for regulatory coordination on crypto market challenges<\/em><\/strong><\/p>\n<p>However, despite crypto being outlawed in the country, a Sep. 2022 report by blockchain data firm Chainalysis revealed emerging markets, inclusive of Nepal, are at the forefront of global crypto adoption.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/6d04c8d3-e34a-4370-a16b-aa5d311232b7.png\"><figcaption style=\"text-align: center;\"><strong>Cast your vote now!<\/strong><\/figcaption><\/figure>\n<p>Nepal\u2019s crypto adoption placed it in the global top 20, ranked 16th overall above the United Kingdom.<\/p>\n<p>Nepal is included on a list of just nine countries that have outright banned cryptocurrencies, according to\u00a0data from the Law Library of Congress in a Nov. 2021 report.\u00a0<\/p>\n<p>Other countries include\u00a0China, Algeria, Bangladesh, Egypt, Iraq, Morocco, Qatar and Tunisia.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/nepal-regulator-orders-isps-to-block-crypto-websites-or-face-the-law\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Nepal regulator orders ISPs to block crypto websites or face the law &#8220; Nepal\u2019s telecommunications regulator has ordered the country&#8217;s internet service providers (ISPs) to block all cryptocurrency trading websites, threatening legal action against those that fail to comply. In a Jan. 8 notice, the Nepal Telecommunication Authority (NTA) ordered ISPs and email service&#8230;<\/p>\n","protected":false},"author":1,"featured_media":538260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/72933f06-791a-48d2-8021-bd7b4e854039.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[77814,25196,76308,48,55229,73688,70934,25949],"class_list":["post-538259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-telecom","tag-asia","tag-ban","tag-internet","tag-law","tag-nepal","tag-regulation","tag-telecommunications"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/538259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=538259"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/538259\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/538260"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=538259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=538259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=538259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}