Bitcoin Foundation Bangladesh Goes Dark after Bank Threats

By September 27, 2014Bitcoin Business



G+PinterestLast week, the Central Bank of Bangladesh issued a statement that anyone caught using Bitcoin would be subject to a prison sentence of up to twelve years, essentially forcing the Bitcoin community underground as the Bank is enforcing the nation’s money laundering laws.According to one source, the Central Bank made its decision after a number of local media reports talked about Bitcoin transactions on several online exchanges. The Central Bank explained the decision: “Bitcoin […]

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