How crypto found a ‘legal’ route into Nepal’s relief efforts

A new US-based channel lets cryptocurrency users donate to Nepal’s disaster fund without the digital assets entering the country, where crypto trading and use are prohibited.

Cryptocurrency users around the world can now donate to Nepal’s Prime Minister’s Disaster Relief Fund without sending digital currencies into the country, thanks to a new financial channel that converts crypto into US dollars in the United States before transferring the money through the formal banking system.