ChainCatcher news, according to CoinDesk, the Nepal Telecommunications Authority has instructed all internet service providers (ISPs) to block websites related to cryptocurrency.It is reported that in September 2021, the Nepal Rastra Bank banned cryptocurrency activities, including trading and mining. In April 2022, the Nepal Telecommunications Authority sought information from the public regarding anyone involved in illegal activities such as cryptocurrency. Despite the ban, Nepal ranked 16th in Chainalysis's 2022 Global Crypto Adoption Index, ahead of countries like the UK and Indonesia. (CoinDesk)

ChainCatcher news, according to official sources, the streaming payment protocol Zebec Protocol will initiate a new round of negotiations with the Nepalese Ministry of Finance, aiming to promote the application of streaming payment services in the Nepalese market, with a collaboration led by Nepal expected to commence in Q3 2023. Additionally, Zebec Protocol founder Sam Thapaliya is set to participate in the campaign for the Nepalese Minister of Finance.It is reported that Zebec Protocol is the first Web3 project approved to join the Visa program, and both parties recently launched the Visa debit card Zebec Card, which can be used for cryptocurrency payments. The Zebec protocol was established in 2021 and is an on-chain salary streaming payment product with tax functionalities.Zebec has released a solution for the streaming payment public chain Zebec Chain based on Zk-Rollup, revealing the main advantages of this public chain in terms of privacy protection, high throughput, and compliance, facilitating the integration of streaming payment features for more Web3 ecosystem applications, and is set to officially launch in Q3 2023.