Dark chain of Cryptocurrency in Nepal

How Crypto Trading Happens in Nepal? How Cryptocurrencies Are Traded in Nepal?
How Crypto Trading is a Big Threat to Nepal?
According to the Global Crypto Adoption Index Report 2023, published by Coin
Analysis, Nepal is ranked 56th on the list of countries for crypto transactions. This
rank places Nepal ahead of Switzerland in terms of cryptocurrency transactions.
There is a concern that the country's economy is at risk due to the increasing
prevalence of cryptocurrency transactions, which are often associated with hundi,
gambling, gold smuggling, and investment activities. The remittances sent by
Nepalis living abroad have played a significant role in fulfilling the country's
foreign exchange requirements.
#cryptocurrency
#10xtnepal

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