Bitcoin illegalized in Nepal - 7 arrested

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This is really depressing news so crypto currency enthusiasts like myself. The Nepal government wants to tax everything and make money out of any transactions of its citizens. Hence, they have illegalized Bitcoin, in short all cryptocurrency trading, and have arrested 7 people for the "crime".
We are not allowed to have PayPal or international credit cards here so our trading is mostly based on local transfer and exchanges. With this ban, the future of BTC is bleak in Nepal.

The link below has the news related to the ban and arrests.
https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/

Bitcoin illegalized in Nepal - 7 arrested | Ecency