I have seen people buying selling bitcoins with cash in Kathmandu, LocalBitcoins website gives insight on who is selling or buying bitcoin locally.
You might be interested in learning about Bitcoins – virtual currency which was a cover article in TechSansar http://techsansar.com/computing/bitcoins-p2p-virtual-currency-3160/
However, transactions on bitcoins are still no financial considerations in our country, I mean they are neither illegal nor recognized for formal financial transaction. The choice is all yours.
A guy called Babu has been trading Bitcoins in Kathmandu 44600 (ZIP code of Nepal, btw) in local bitcoins…. here… https://localbitcoins.com/accounts/profile/babu/
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