Petition in the Supreme Court demanding recognition of cryptocurrency

A writ petition has been filed in the Supreme Court today demanding the recognition of the cryptocurrency.

Advocate Sagar Baral and others filed a petition in the Supreme Court demanding that the decision of Nepal Rastra Bank not to give legal recognition to digital currency including crypto should be annulled and that digital currency should be given legal recognition.

In the writ, the Office of the Prime Minister and Council of Ministers, Nepal Rastra Bank, Ministry of Law, Justice and Parliamentary Affairs, Ministry of Finance, Ministry of Home Affairs, and the Nepal Police Headquarters have been made opponents. The preliminary hearing on the application will be held next Monday.