Bangladesh’s Crypto Boom That Refuses to Be Banned
Cryptocurrency has quietly gained ground in Bangladesh despite official restrictions and bans. Global indexes put Bangladesh among the top crypto adopters in 2025. Chainalysis ranks it 13th worldwide in crypto usage, and TRM Labs places it at 14th despite the ban. Reports estimate around 3.1 million Bangladeshis now own crypto wallets, largely driven by remittance needs and dollar-denominated stablecoins.
As a matter of fact, many tech-savvy young people use foreign exchanges like Binance or Coinbase to trade Bitcoin, Ethereum, and other coins. They fund accounts with local mobile wallets like bKash or Nagad.
Banned Since 2017 – Yet Enforcement Is Patchy
Bangladesh Bank has repeatedly warned against crypto, citing foreign-exchange and…
