Many recollect 2009 as the time of the most noticeably awful worldwide monetary emergency. Be that as it may, 2009 likewise provided us with another type of cash, reclassifying the importance of cash. Bitcoin was dispatched in 2009 by an individual or a gathering known by the nom de plume "Nakamoto". Bitcoin provided the world with the principal use of blockchain and opened the domain of advanced monetary forms, decentralized money organizations, and an every minute of every day monetary exchanging market. Bangladesh is one of only a handful of exceptional nations on the planet that consider bitcoin and any remaining kinds of digital currency as "antagonistic". Bangladesh Bank considers bitcoin and other digital currencies as illicit under the Foreign Exchange Regulation Act, 1947, and the Money Laundering Prevention Act, 2012. Nonetheless, there is a lot of discussion on how these laws can be sanctioned in court since the national bank never accurately characterized bitcoin as a money or product. In any case, the Bangladeshi specialists are inflexible to stop the utilization of bitcoin and had given admonitions and surprisingly made captures according to bitcoin exchanging and selling. For all most recent news, follow The Daily Star's Google News channel. As we close to the 50th commemoration of Bangladesh' freedom and proceed with our change into the computerized time, I figure the nation ought to rethink how advanced monetary forms can be more useful. Our nearest neighbor, India has as of late authorized purchasing and exchanging of cryptographic forms of money. In March 2020, after a noteworthy decision by the Supreme Court of India, cryptographic forms of money were made legitimate and a past boycott forced by the Reserve Bank of India was overruled. The manner in which legitimization should be possible can fluctuate, however for the time being allowed me to examine the reason why digital money reception is useful. As an inhabitant of Canada, I seldom visit the bank. The majority of my financial necessities are satisfied online by means of a cell phone or PC. As Covid-19 overwhelmed the world, a bizarre occurrence stunned me and numerous others. While Bangladesh was on lockdown, a large number of RMG laborers strolled to the capital city and close by regions from distant objections. The essential justification behind their appearance was the assortment of their pay rates face to face. A big part of the nation actually doesn't have a financial balance and a considerable lot of these individuals actually do their everyday going through as money. This is one of the center issues that advanced money can tackle. In the course of the last decade, there has been a huge expansion in the quantity of private banks in Bangladesh. However, in spite of the huge increment, the level of the unbanked populace stays high. Additionally, with a few private banks having ever-progressively a lot of default advances and outrages, the overall individuals all things considered are wary of the financial framework. Besides, the DSEX (Dhaka Stock Exchange Index) has gone from its pinnacle of 8830 focuses in 2011 to around 4000 focuses at the current day. Examining specific to the monetary area, the worth is one-fourth of the 2011 pinnacle. Computerized Taka is one of the manners in which the national bank can recover the confidence of normal residents. By using a blockchain stage like Ethereum (ETH), the national bank would itself be able to give a measure of Digital Taka and straightforwardly make it accessible at a 1:1 proportion to BDT for Bangladeshi residents. The worth of this cash can be straightforwardly upheld by national bank stores and this requires no mediation from any outsider banks. The residents can use Digital Taka by means of a straightforward application, site, or text informing. The market capitalisation of all cryptographic forms of money is about USD 274 billion, or about as old as' GDP of 2018. Sanctioning digital forms of money furnishes people in general with a chance to put resources into a genuinely worldwide market and simultaneously make an environment of decentralized money organizations to begin in Bangladesh. One of the concerns that the public authority might have is the unfamiliar trip of neighborhood capital. The Money Laundering Prevention Act, 2012 can be a helpful device to address this worry. It can guarantee consistence for bitcoin and any remaining digital forms of money through the usage of unfamiliar cash limits on digital forms of money, like the cutoff points on standard unfamiliar monetary standards as the US Dollar, Euro or Pound Sterling. This can be set up by government-supported digital money trades and having client put together shares with respect to National ID or visa. The public authority can likewise profit from the enormous amount of capital assessment acquires this chance gives. All things considered, bitcoin is considered by numerous specialists as the best performing resource class of the last decade. These are only a portion of the numerous ways that computerized monetary forms can reform the old fashioned monetary framework we keep on depending on. A type of acknowledgment for the advanced money world can assist us with remaining on the way of a genuinely Digital Bangladesh.