Bank

Arabic

Read

Afghanistan’s government, under the Taliban’s control, arrested eight cryptocurrency traders in Herat, a city on the Northwest side of the country.
One of the crypto traders who prefers to stay anonymous told crypto.news that the Taliban arrested him and seven others for using crypto in May. They were imprisoned for 28 days in Herat’s central prison, he added.
It’s important to note that the Central Bank of Afghanistan banned using <a href="https://crypto.news/learn/how-to-invest-in-cryptocurrency/" rel="noopener noreferrer nofollow">cryptocurrencies</a> in August 2022 — closing more than 30 crypto-related businesses in the region. The government called digital currencies and Forex <a href="https://crypto.news/learn/beginners-guide-trading-binance/" rel="noopener noreferrer nofollow">trading</a> “haram,” an Arabic term used for forbidden things in Islam.
Another crypto dealer says that he earned a small commission of between 1% and 2% for selling USDT to traders and could barely feed his family. He says:&nbsp;
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “Now I don’t know what to do. The prices of goods are very high, and the economy is on the brink of a collapse while there’s nothing else to do.”
</blockquote>
He added that selling USDT might put his life in danger, but “there’s no other way.”&nbsp;
Both traders claim the Taliban didn’t seize any of their crypto assets. However, people familiar with the matter told crypto.news that a group of cryptocurrency dealers were recently arrested, with the government taking all their digital holdings.&nbsp;
People familiar with the matter said that the government might put some of the crypto traders to six months in jail.&nbsp;
Another individual claimed that before the Taliban banned crypto in the country, he used to receive his family’s expenses from his brother who lives in the U.S. via Bitcoin (<a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) and USDT. Now that cryptocurrencies are “forbidden,” it sometimes takes weeks for him to receive and withdraw the money. He added:&nbsp;
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “It’s all because this country, with thousands of years of history, doesn’t have access to standard banks and bans its only way out.”
</blockquote>
Read more: <a href="https://crypto.news/us-judge-approves-expedited-schedule-for-consensys-suit-against-sec/" rel="noopener noreferrer nofollow"> US judge approves expedited schedule for Consensys suit against SEC </a>

Taliban jailed 8 traders for holding and using crypto

crypto.news

Artikel lain yang dipublikasikan pada 3 Jul 2024

Solana Memecoin Trump the Felon Skyrockets 8,100% and Will Explode 18,000% Before KuCoin Listing,...

Disappointed Sei and Arweave Investors Get Golden Ticket to Riches with Qubetics Whitelist

New Airdrop Opportunities: Grab Your Tokens

Daily Market Review: BTC, ETH, CFX, PYTH, ADA

Consensys acquires Wallet Guard to bolster MetaMask user protection

China dominates global generative AI patents race

Bergabunglah dengan buletin gratis kami untuk pembaruan kripto harian!