#afghanistantalibanreportedlybanscryptonationwide
LATEST:Afghanistan’s Taliban government has effectively banned Bitcoin and crypto trading nationwide.
The administration is calling digital assets a “scam” and threatening traders and businesses with prosecution.
• More than 20 crypto shops closed in Herat
• At least 13 traders were reportedly arrested
• Monthly crypto inflows collapsed from over $150 million to less than $80,000
Bitcoin and stablecoins had become important tools for savings and remittances after Afghanistan was largely cut off from the global banking system.
You can close exchanges. You can arrest traders. You can outlaw the asset.
But can any government truly shut down Bitcoin?
$CYS
$PROM
$4
LATEST:Afghanistan’s Taliban government has effectively banned Bitcoin and crypto trading nationwide.
The administration is calling digital assets a “scam” and threatening traders and businesses with prosecution.
• More than 20 crypto shops closed in Herat
• At least 13 traders were reportedly arrested
• Monthly crypto inflows collapsed from over $150 million to less than $80,000
Bitcoin and stablecoins had become important tools for savings and remittances after Afghanistan was largely cut off from the global banking system.
You can close exchanges. You can arrest traders. You can outlaw the asset.
But can any government truly shut down Bitcoin?
$CYS
$PROM
$4
