Bitcoin Foundation Bangladesh Suspends Operations

By September 22, 2014Bitcoin Business

The Bitcoin Foundation has issued a new statement suggesting that bitcoin and digital currency transactions are not illegal in Bangladesh, despite previous reports.

However, citing general uncertainty surrounding this week’s statements from the Bangladesh Bank, the Bitcoin Foundation Bangladesh, the organisation’s first Asia-based affiliate, will suspend operations.

In a post entitled “ The Case for Bitcoin in Bangladesh “, executive director Jon Matonis attacked the widespread belief bitcoin has been banned in the country. The notion has […]

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