In Afghanistan people are taking refuge in cryptocurrency to preserve their wealth Cryptocurrency booms are often fueled by dreams of life-changing riches. In Afghanistan, buyers are instead snapping up digital coins in hopes of preserving what wealth they have – and keeping it out of the Taliban’s reach. In a...
Despite the recent trend of developing countries gaining exposure to cryptocurrencies, buying digital assets like Bitcoin, Ethereum, and stablecoins isn’t easy at all in countries like Afghanistan. Since last August, when the Taliban seized power in the country, America-initiated sanctions have crippled domestic funds from being moved to international financial...
