Bangladesh does not tolerate crypto at any layer, and the prohibition is built on foreign-exchange law. Bangladesh Bank's FE Circular No. 24 of 15 September 2022 states that the definition of "currency" in section 2(b)(i) of the Foreign Exchange Regulation (FER) Act, 1947 does not recognise virtual currencies, and that they are neither approved foreign exchange nor an approved form of transaction or investment under sections 2(aa) and 2(bb) of the same Act. On that footing the circular declares that any transaction made in, from or to Bangladesh for obtaining virtual assets or virtual currencies is not permitted, and that providing any facilitation for business, activities or operations associated with their exchange, transfer or trading is likewise not permitted.
A perpetual on VIRTUAL tracks price and does not confer ownership of the underlying — the same contract mechanics apply in every jurisdiction; what differs by country is legal status and funding rails.
The legal status above rules out a trading route for Virtuals Protocol exposure from Bangladesh.
Profits from selling crypto face a flat 15% Capital Gains Tax, while mining or staking income follows standard income tax brackets of 0% to 30%.
Trading Virtuals Protocol from Bangladesh: banned.
For Virtuals Protocol traders in Bangladesh: Bangladesh Bank's FE Circular No. 24 of 15 September 2022 bans obtaining, transacting in and facilitating trade of virtual currencies under the Foreign Exchange Regulation Act, 1947, and the ban extends to crypto perpetual futures and CFDs.
Regulator for Virtuals Protocol trading in Bangladesh: Bangladesh Bank.
For Bangladesh residents trading Virtuals Protocol: Profits from selling crypto face a flat 15% Capital Gains Tax, while mining or staking income follows standard income tax brackets of 0% to 30%.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
