The authorities of Bangladesh "hunt" for bitcoin users

in bitcoin •  7 years ago 

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Bangladesh - one of the few countries that completely banned the trade and use of crypto-currencies - announced that several large state institutions will strengthen the fight against the spread of bitcoin among the citizens of the country.

Representatives of the Bank of Bangladesh issued a warning on crypto currency again, this time to encourage local banks to deny service to bitcoin users. An employee of the financial intelligence unit of Bangladesh (BFIU) told reporters that "banks and other financial organizations of the country were ordered to remain vigilant on the issue of trading crypto-currencies. Soon, a circular will be distributed explaining the situation in detail. "

The representative of the agency also added that "it is impossible to legally buy crypto-currencies through bank channels. Experts in the fight against cybercrime are studying this situation. "

It is reported that BFIU employees "have already begun tracking down the bitcoin traders" in conjunction with the Bangladesh Telecommunications Regulatory Commission (BTRC). Representatives of BFIU and BTRC held four meetings devoted to the issue of crypto-currency. Nazmul Islam, assistant to the deputy commissioner for the anti-cybercrime unit of Bangladesh, said:

"We have already tracked down several bitcoin users and hunt for others, and we also check several web pages for authenticity. Investigating the crypto-currency trade is a difficult issue. "

A representative of the central bank of Bangladesh noted that the police exchange department actively controls the turnover of bitcoin. It is expected that soon a report will be submitted to the Ministry of Internal Affairs on the possible consequences of the virtual currency distribution. Local media report that the "trading and use" of digital currencies remains "uncontrolled" in Bangladesh, despite a central bank statement made in late 2017 prohibiting the use of bitcoin in the country.

The Dhaka Tribune says that in addition to the groups dedicated to the trading of crypto-currencies in social networks, "Localbitcoins.com data show that crypto-currencies are sold in Bangladesh through banks, bKash, Rocket and other methods of mobile banking."

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What the authorities are doing is ridiculous 😣