The crackdown on cryptos is in response to the fact that many Afghans have resorted to storing their money in cryptocurrencies in order to protect it from the reach of the Taliban. More than 20 enterprises linked to cryptocurrencies have also been closed down in the city of #Herat. Herat is Afghanistan’s third-largest city and is a center for dealing in cryptocurrencies. There are a total of six cryptocurrency brokerages in Afghanistan. After being cut off from the global financial systems due to sanctions imposed by the Taliban, the use of cryptocurrencies as a means of transferring money into and out of the country has been on the rise. The Taliban regime (#talibanregime) has closed down at least 16 cryptocurrency exchanges in the western Herat province. Follow @stoccoin for daily posts about cryptocurrencies and stocks. NOTE: This post is not financial advice for you to buy the crypto(s) or stock(s) mentioned. Do your own research and invest at your own will if you want. This also applies to stock(s) or crypto(s), which you see in our stories. Thanks for reading folks! IGNORE THE HASHTAGS: #stoccoin #taliban #afghanistan #cryptoban #ban #btccrash #marketcrash #eth #etgmerge #merge #crypto #stocks #stockmarket #bitcoin #cryptocurrency #btc #metaverse #nft #sensex #nifty50 #bse #nse #banknifty #usd #investments #finance https://www.instagram.com/p/Chv1wVrIaY4/?igshid=NGJjMDIxMWI=