Electronic Transactions in Nepal

Nepal has moved forward in the field of information and communication technology (ICT) legislation with the government’s promulgation of the Electronic Transaction Act 2063, along with regulations. The Act and the regulations establish a legal framework for technology-related activities, including legalizing electronic transactions and the use of digital signatures.

The following questions have been addressed in this article:

What penalties are available upon conviction of cyber crimes?
Does the Act deal with online transactions?
What factors, according to commentators, may prevent the Act from being fully effective?

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