Afghanistan looked set to be an unlikely success story for Bitcoin, but the arrival of the Taliban put an end to that.
The Taliban Bitcoin ban drove a burgeoning crypto market underground, but the asset and stablecoins had proven useful in a system where banking and remittances had failed.
Related: Bitcoin vs. Gold: Is the World Finally Ready to Replace Gold with BTC?
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Why Did the Taliban Ban Bitcoin and Cryptocurrency in Afghanistan?
Afghanistan’s Central Bank Orders a Nationwide Crypto Ban
Da Afghanistan Bank took action against online trading, tightening a nationwide cryptocurrency ban, and issuing statements claiming there was no legal framework for licensed trading.
The…
