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Bangladesh

Crypto Adoption Rises in Bangladesh Despite Restrictive Stance

Bangladesh ranks 13th in global crypto adoption despite domestic transactions being illegal. Users leverage peer-to-peer networks for cheaper remittances and bypass bureaucratic banking hurdles. Approximately 4. 3 million people hold crypto, primarily Bitcoin and Ethereum, though authorities prohibit its use. Officials maintain a hard stance using existing financial laws.

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Crypto Adoption Rises in Bangladesh Despite Restrictive Stance