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- Why Nepal needs digital currency - The Kathmandu Post
Since cryptocurrency and stablecoins are illegal in Nepal, CBDC is the only option connecting us to these new payment systems Nepal Rastra Bank has already taken a step in this direction by joining Project mBridge as an observer
- Opinion | Elevating public services through technology
Initially synonymous with cryptocurrency, blockchain’s decentralised, transparent, auditable and immutable capabilities can be game-changers for our inefficient public sector services
- A Central Bank cryptocurrency to democratise money
As for developing countries that do not borrow in their own currencies, turning a bitcoin-like cryptocurrency into legal tender, as El Salvador did recently, promises to cause even worse problems than those caused by dollarisation
- Bitcoin as next generation money - The Kathmandu Post
The use of cryptocurrency in place of money is the future; but in a digitally divided society, redundancy of the central bank's role in monetary policies, unexpected fluctuations in the price of cryptocurrencies and other pertinent issues need to be taken care of by a country like Nepal
- Digital money has changed how we live - The Kathmandu Post
The blockchain and distributed ledgers maintain the order of intellectual property on the internet Indeed it is these aspects of cryptocurrency that may have the most lasting impact on how we live together, both in cyberspace and actual space —The Conversation
- Nepal’s digital future - The Kathmandu Post
Nepal's fintech industry has rapidly grown in recent years thanks to the government’s prioritisation of digitisation through the Digital Nepal Framework 2019 and significant actions taken by the Nepal Rastra Bank (NRB), with crucial role played by Banking and Financial Institutions (BFIs) and Nepal’s private companies The NRB is the main regulatory body that forms policy provisions and
- Controlling cryptocurrencies - The Kathmandu Post
An old saying holds that markets are ruled by either greed or fear Greed once governed cryptocurrencies The price of bitcoin, the best known, rose from about $900 in December 2016 to $19,000 and then to over $67,000 in November and now to $35,070 Recently, fear has been in charge Prices of other
- Scope of digital currency - The Kathmandu Post
The central bank of Nepal issued a notice about the circulation of new currency notes for Dashain Thereafter, it also released one more circular that invited consultations from the public to explore the prospects for launching digital currency in an economy that is largely cash-based Only 67 3
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