Taliban Government Bans Bitcoin and Cryptocurrency Trading in Afghanistan
The Taliban government in Afghanistan has effectively banned Bitcoin and cryptocurrency trading nationwide, threatening legal action against traders and businesses. Over 20 crypto shops in Herat have been shut down, and at least 13 individuals have been arrested. Monthly crypto inflows into the country have plummeted from a peak of over $150 million to less than $80,000. While Bitcoin and stablecoins previously served as vital tools for savings and remittances following the country's exclusion from the global banking system, officials now label digital asse