【Nepal Combats Cryptocurrency Fraud Through Increased Public Awareness and Transaction Monitoring】Nepal's Financial Intelligence Unit (FIU) has found that despite an official ban on trading digital assets, cryptocurrencies are still widely used to orchestrate online fraud. The Financial Intelligence Unit is a specialized department of Nepal's central bank, Nepal Rastra Bank, responsible for monitoring and combating financial fraud, including money laundering and terrorism financing. The Financial Intelligence Unit noted in its Strategic Analysis Report released on November 18 that there has been an increase in the use of cryptocurrencies for money laundering by criminals. The report states that fraudsters convert illegal funds into cryptocurrencies, which poses challenges for authorities in tracking and recovering the funds.