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We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional. The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.


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The relationship between governments and cryptocurrencies has always been tense. In some countries, this has led to outright bans on buying, owning, and trading. As central banks and governments noticed the surge in interest in cryptocurrencies, ignoring this growing market was no longer an option. Most recently, the central bank of Turkey enacted a ban on cryptocurrency payments.

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Bangladesh Bank has once again said today that it does not allow holding or trading of any kind of virtual coin or cryptocurrency in the country. The central bank's announcement came as confusion built after it sent a letter to the Criminal Investigation Department of the police that trading of cryptocurrencies cannot be considered apparently as a crime although virtual coins are illegal under the laws of the country. In a circular and through its website on December 24 in , the Bangladesh Bank asked all to refrain from trading of virtual currency. The banking regulator still does not allow or support trading of any cryptocurrency, such as Bitcoin, Ethereum, Ripple and Litecoin, Bangladesh Bank said in a statement today. Cryptocurrencies are a form of digital asset based on a network that is distributed across a large number of computers. This decentralised structure allows them to exist outside the control of governments and central authorities.


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NFT stands for non-fungible token. A dollar is interchangeable with any other dollar, and the same is true for cryptocurrencies like bitcoin. But an NFT works differently. As with a rare postage stamp, a diary or a Topps Mickey Mantle , its worth is tied to scarcity and proof of origin.

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