Today, I am reading newspaper at online as daily basis in my routine and the article is found (link will be given below, if you are not Bangladeshi people then google translate will be needed). I will try to give a summery to understand this article shortly.

The news published today at the most renowned national newspaper named The Daily Inqilab. In this article, some government officials also give their own opinion regarding the digital money.

The Chief Executive of Bangladesh Bank, Sirajul Islam said to BBC that there is no existence of Bitcoin in Bangladesh. That's why, the transaction is illegal here.

Journalist asked to him that is there any plan in future to legalize it? He replied, there is no such plan till now. Actually, these is no specific rules regarding cryptocurrency.

In Bangladesh, though it is not legalized here but some people connected with it and they are doing transaction too. Mining is also done by the people and previously it was not possible due to electricity problem but now electricity is available here. People are doing such transaction using mobile banking and digital Media.

The Economist specialist of Bangladesh Development Organization, Naznin Ahmed said to BBC, the such money is getting popular all over the world. So there is no question of trust here. That's why, Bangladesh Bank should research it without fully neglecting it. Though it is accepting by the world so do we should go accordingly with such thing. There should also be a regulatory board to regulate it's legality or illegality or to control it.

Bangladesh Bank is still not in a good position. Other banks are not doing well. That's why money laundering can't resistance here immediately. That's why Bangladesh is protective in nature in cryptocurrency's perspective.

News link: https://[Suspicious link removed]/174nut88 [Use Google Translator]

Legalizing bitcoin always have negative and positive impact both to the users and to the government. But for me, it is more secured if bitcoin is legal in our country. Bangladesh government will also benefit from bitcoiners tax if ever they will legalize it.

I believe the reason some countries even ban or not accepted using Bitcoin and other cryptocurrencies is because they believe that's even a much easier way for.money laundering. Do you truly believe if Bitcoin was legalized in Bangladesh it can help to stop money laundering?
I believe most of the government that have not accepted cryptocurrencies yet understands most importantly the freedom it brings to the people financially hence all this trapping down on it.