Taliban bans crypto in Afghanistan, arrest dealers of tokens

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Some Afghans turned to cryptocurrencies to preserve their wealth and keep it out of the Taliban's reach. Read more at straitstimes.com.

and the Taliban regime has arrested several dealers who defied orders to stop trading digital tokens, according to a senior police official.

Crypto has become a popular way of moving money in and out of the country, which is shut off from the global banking system due to sanctions levelled on the militant group.and drove several high-profile firms into bankruptcy, outright bans are much rarer.

Four of the six crypto brokerages in Afghanistan are located in the city, some 120km away from the Iranian border.

 

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