Is Binance or any other foreign exchange legal in Bangladesh?
Last reviewed: 15 October 2026
Short answer
No crypto exchange is approved in Bangladesh, and crypto transactions are not permitted here. Using a foreign exchange carries legal risk.
Full answer
Bangladesh Bank has not approved any crypto exchange or virtual asset service provider. A foreign exchange may be registered elsewhere, but that does not change Bangladeshi law. Citing the foreign exchange and anti-money-laundering laws, Bangladesh Bank has told the public to refrain from crypto transactions.
Also bear in mind:
- Disputes with a foreign company are hard to resolve in local courts.
- Fake apps, fake "agents" and fake support using big exchange names are very common.
- A big name is not a guarantee: FTX went bankrupt in 2022 and customer funds were frozen.