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Is crypto legal in Nepal?

Cryptocurrency is banned in Nepal.

Southern Asia · NP · 2 of 9 dimensions sourced

Every value below cites the primary government, central bank, financial regulator, or tax authority. How this is sourced →

Nepal crypto policy at a glance

CBDC status
Research

Stage of the central bank digital currency programme — research, pilot, or launched.

cbdctracker.org ↗ · as of 2022 · confidence: high
Legal status
Banned

Whether crypto is legal, restricted, or banned for individuals and businesses.

“All transactions related to or operating bitcoin or any other similar network based virtual currency are illegal in Nepal.”
Nepal Rastra Bank ↗ · as of 2017-08-13 · confidence: high
VASP licensing
Not yet recorded

Whether the jurisdiction licenses crypto/VASP service providers.

Stablecoin rules
Not yet recorded

Rules governing stablecoin and e-money-token issuance.

Tax treatment
Not yet recorded

How crypto gains are taxed and reported, including OECD CARF participation.

DeFi treatment
Not yet recorded

How decentralized finance (DeFi) is treated by regulators.

NFT classification
Not yet recorded

Whether NFTs are addressed in regulation.

Mining policy
Not yet recorded

Policy toward crypto mining — permitted, restricted, or banned.

Enforcement intensity
Not yet recorded

Intensity of regulatory enforcement actions against crypto firms.

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