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Afghan Authorities Shut Down 16 Crypto Exchanges in One Week: Report

Police reportedly closed the exchanges and arrested their staff after Afghanistan's central bank stated that digital currency trading should be stopped, citing problems and scams.

Updated May 11, 2023, 4:58 p.m. Published Aug 25, 2022, 11:58 a.m.
Police forces in the Herat province of Afghanistan have reportedly shut down 16 crypto exchanges and arrested staff. (Johannes Krey/EyeEm/Getty Images)
Police forces in the Herat province of Afghanistan have reportedly shut down 16 crypto exchanges and arrested staff. (Johannes Krey/EyeEm/Getty Images)