Afghanistan‘s law enforcement closed 16 cryptocurrency exchanges in the western province of Herat last week.
As new laws are being prepared in the crypto industry, overcoming security vulnerabilities also plays an important role in regulations. The illegal activity of malicious people using this crypto puts countries in a difficult situation. Afghan authorities have also started a movement in this regard.
Afghan Authorities Block Crypto Fraud
in western Afghanistan Herat About three months ago, cryptocurrency trading was banned in the state and exchanges were closed. Exchanges that are still active were followed and closed by law enforcement, and their employees were arrested.
The closure move by Herat law enforcement officers, Bank of AfghanistanIt was made after .
Head of the Herat Currency Exchanges Association, stating that people are being defrauded through digital currency trading Ghulam Mohammad Suhrabisaid on the subject:
“Digital currency accounts are bought abroad and from companies. Our people are not familiar with it, so it is better not to use it. This currency is new in the market and has high volatility”
