Cryptocurrency

Cryptocurrency Lawyers in Nepal: Cryptocurrency law in Nepal 

In Nepal, the use of cryptocurrencies—including Bitcoin, stablecoins, non-fungible tokens
(NFTs), and decentralized finance (DeFi) platforms—remains strictly prohibited under
multiple legal frameworks. The Government of Nepal, through the Nepal Rastra Bank
(NRB), has consistently enforced a blanket ban on all activities related to virtual currencies.

These actions are primarily justified on the grounds of protecting financial stability,
ensuring consumer protection, and mitigating the risks of money laundering, terrorist
financing, and other illicit activities.

 

In a consolidated directive, the NRB has reaffirmed its prohibition on the use, ownership,
membership, investment, transfer, or mining of any form of:

• Virtual Currency / Crypto Currency (including Stablecoins)
• Non-Fungible Tokens (NFTs)
• Digital Assets
• DeFi platforms
• Pyramid-based Network Marketing schemes
• Hyperfund or similar structures

 

Under Nepalese law, the following activities involving cryptocurrency are explicitly deemed
illegal:

• (a) Buying or selling cryptocurrencies
• (b) Using cryptocurrencies for foreign exchange or remittance purposes
• (c) Transferring money through unofficial channels like hundi using digital
• currencies
• (d) Engaging in crypto-based gambling and betting
• (e) Mining cryptocurrencies or operating crypto trading platforms

 

Prosecution Trends and Law Enforcement

Despite the clear legal restrictions, recent years have seen a significant rise in cryptocurrency-
related offenses in Nepal. The increasing global adoption and profitability of digital
currencies have led many individuals to participate in crypto trading, investment schemes,
and cross-border fund transfers through unregulated and illegal means. As a result, Nepalese
law enforcement agencies—including the Central Investigation Bureau (CIB) and the
Department of Revenue Investigation (DRI)—have actively prosecuted cases related to:

• Unauthorized crypto transactions
• Illegal foreign currency exchange via digital platforms
• Informal remittance practices involving crypto wallets and exchanges

Legal Representation and Expertise
Our law firm is at the forefront of representing clients involved in cryptocurrency-related
legal matters in Nepal. Our crypto currency lawyers in Nepal have successfully handled complex cases that combine elements of crypto crime, online gambling, betting, and illegal remittance (hundi). Our team of cryptocurrency lawyers in Nepal has extensive experience defending cases involving platforms such as Binance, KuCoin, Cash App, Coinbase, Bybit, and various online gambling applications.

We offer specialized legal support tailored to navigating the evolving regulatory landscape and defending clients against criminal prosecution related to digital finance in Nepal. We have best crypto currency lawyers in Nepal representing the cryptocurrency and digital assets.