The Asian Development Bank (ADB) forecasts 4.1 percent economic growth in Nepal in 2023, with inflation at 7.4 percent. According to the April 2023 Asian Development Outlook (ADO), Nepal’s economic growth rate is expected to slow in 2023 compared to last year due to tight monetary policy, sluggish domestic demand, the unwinding of pandemic […]
Cryptocurrency, or “decentralized electronic currency,” is gaining popularity around the world these days. Last January, Nepal’s neighbor India published a “National Strategy on Blockchain” to regulate the technology. However, such currencies and transactions are absolutely prohibited in Nepal. On the Internet recently, there has been a lot of discussion and information concerning cryptocurrencies. However, in
Bitcoin prices have plummeted in recent months, losing more than half their value since mid-April and falling to just under $30,000 this morning. According to CoinDesk numbers, the world’s most common digital currency reached $30,201.96 today. According to additional CoinDesk data, it was down more than 55 percent from its all-time high of nearly $65,000
