From Friday, The Noc Will Implement An Erp System

From Friday, the NOC will implement an ERP system

Posted by - April 15, 2021

From Friday, the Nepal Oil Corporation (NOC) will introduce an Enterprise Resource Planning (ERP) scheme (Baisakh 3, 2078 BS). From Baisakh to Ashad, the NOC will test the scheme before completely implementing it at the start of the new fiscal year 2078/79. The ERP framework is being introduced in order to improve the efficiency of

BITCOIN_in_NEPAL

Is cryptocurrency legal in Nepal?

Posted by - December 27, 2019

So far, cryptocurrencies are illegal in a few countries, whereas the rest of the world either sees it as fitting to utilise these ‘monies’, or keeps them in a grey area of financial law. Similarly, though most countries in the world do not criminalise cryptocurrencies, they have yet to define their usage as monies or

BITCOIN_in_NEPAL

Is bitcoin banned in Nepal?

Posted by - December 27, 2019

Ban of Transaction of Bitcoin and other cryptocurrencies in Nepal. The central bank of Nepal, Nepal Rastra Bank (“NRB”) published a notice pursuant to Nepal Rastra Bank Act 2001 (“NRB Act”) and Foreign Exchange (Regulation) Act 1962 (“FERA”) prohibiting the usage of Bitcoin in Nepal. NRB has not recognized Bitcoins as a valid currency in Nepal. A few highlights on the ban: Laws of Nepal: Nepal Rastra