Nepal News

The Financial Intelligence Unit of Nepal has identified growing crypto-related fraud despite a trading ban and proposed transaction monitoring, awareness campaigns and stricter regulations.

After weeks of climbing and acclimating to the altitude, Dadvan Yousuf removed the Bitcoin flag from his bag to show it off at the top of the world.

Dadvan Yousuf said he planned to “hoist the Bitcoin flag at the top of the world” to highlight the “global disparity in access to financial education.”

Nepalese internet and email providers have been put on notice by the country’s telco regulator to block crypto-related websites or face legal action.

From Bolivia to China, governments have sought to restrict crypto-related activity for various reasons and with different tools.

The Nepalese police have arrested at least seven individuals for allegedly being involved in Bitcoin trading activities.

Bitcoin donations to registered charities like Save The Children and the See Change Foundation are enabling victims of terrible natural disasters, notably the recent Nepalese earthquakes, to receive financial support a little quicker.

Perhaps Nepali “finance minister” Ram Mahat has been taking advice from U.S. politician Rahm Emanuel, who said, “You never want a serious crisis to go to waste. [...] It's an opportunity to do things you think you could not do before.”

Cointelegraph is calling for the digital currency community to come together and join our relief effort for victims of the recent Nepali earthquake.