
IMF Advises Nepal to Supervise Cryptocurrency Activities Amid Increasing Adoption Despite Prohibitions
Despite Nepal's 2021 ban on cryptocurrency transactions, data from the IMF reveals a persistent and unexpectedly robust market, with crypto trading in 2021 briefly accounting for over 13% of the nation's GDP. This trend underscores the IMF's recommendation for Nepal to adopt a regulatory approach in line with international standards, aiming to maintain financial stability and protect consumers.











