KATHMANDU: Nepal Telecommunications Authority (NTA) has directed to shut down all crypto currency trading websites and platforms.

With this, websites and mobile applications facilitating trading of bitcoin, hyperfund, online gambling (betting), among others, are to close in the country.

An NTA circular issued Tuesday directed authorities concerned to provision a ban or blacklist illegal online activities run via apps and web platforms such as crypto currency, bitcoin, hyper networking, online gambling.

Likewise, Nepal Rastra Bank (NRB) has also urged the enforcement agencies to be vigilant as business of networking marketing and crypto currency trading was increasing in the country.