Nepal regulator orders ISPs to block crypto websites or face the law

Nepalโ€™s telecommunications regulator has ordered the country’s internet service providers (ISPs) to block all cryptocurrency trading websites, threatening legal action against those that fail to comply. In a Jan. 8 notice, the Nepal Telecommunication Authority (NTA) ordered ISPs and email service providers to prevent access to โ€œwebsites, apps or online networksโ€ related to crypto. It stated that virtual currency transactions โ€œare increasing in recent days [translated]โ€ and reiterated that crypto transactions in the country are illegal. Nepal Rastra Bank (NRB), the countryโ€™s central bank, declared crypto trading and mining illegal…