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Afghanistan’s Taliban Arrests Crypto Traders

Admin by Admin
August 26, 2022
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Afghan Taliban arrest crypto traders
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The Taliban regime in Afghanistan has arrested several dealers of cryptocurrency tokens who resisted instructions to halt selling digital assets after the country’s central bank this month placed a national ban on crypto.

According to reports gathered, some Afghans have begun to store their riches in cryptocurrency in order to protect them from the reach of the Taliban. This made the Taliban regime arrest those going against the order.

”The central bank gave us an order to stop all money changers, individuals, and businesspeople from trading fraudulent digital currencies like what is commonly referred to as Bitcoin,” a senior police official said.

According to the officer, 13 persons were detained, although the majority of them were later freed on bail, and more than 20 enterprises linked to cryptocurrencies were also closed down in the city of Herat, Afghanistan’s third-largest city and a center for dealing in digital tokens.

In Afghanistan, there are a total of six cryptocurrency brokerages; four of them can be found in the capital Kabul, which is around 121 kilometers (75 miles) from the border with Iran.

Read Also- Iran Debut First Official Import Order with $10 Million in Crypto

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