Afghan Police Ceased 16 Crypto Exchanges Over The Last Week
The cryptocurrency caught hype in Afghanistan last year when the state’s economy got into trouble amidst the Taliban taking over Afghanistan in May 2021. After the Taliban came into power, the U.S. imposed sanctions that made buying crypto difficult, with western authorities ceasing billions of the assets of the country. But after things changed and […]
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The Afghan central bank declared forex trading un-Islamic and illegal earlier this year, and issued a warning about continuing activities a month later; now arrests have been made. Police have closed down at least 16 cryptocurrency exchanges in the Herat province of western Afghanistan in the last week, according to a report in Ariana News, an independent news outlet in that country. The report quotes a local police official as saying arrests had been made during the closures. The closures were carried out in response to a ban on crypto trading that had been in place for about three....
Bookblocks.io, an NFT company has partnered with a New York-based company, Women for Afghan Women to help women in Afghanistan have access to education. Under the new Taliban-run government, women in Afghanistan have had their rights to education restricted by the fundamentalist militants. Since this development, Afghan women have taken to the streets to protest. Over a dozen women protested outside the premises of what used to be the Afghan Women’s Affairs Ministry – until the Taliban turned it into the department for the “propagation of virtue and the prevention of....
The South Korean police have reportedly launched an investigation into possible embezzlement involving an employee of Terraform Labs. To prevent fund transfers, the police have requested crypto exchanges to freeze the Luna Foundation Guard’s accounts.
Embezzlement Investigation and Asset Freeze
The Seoul Metropolitan Police Agency’s Cybercrime Investigation Unit announced Monday that it has launched an investigation into possible embezzlement by an employee of Terraform Labs, local media reported.
An official from the Seoul Metropolitan....
Bitcoin has emerged as a pioneering philanthropy tool essentially because it removes all the middlemen and hence, provides more end-value to the receiver. Several leading non-profits have also started embracing Bitcoin as a mode of soliciting donations. And now it has been learnt that the digital currency has become 'a beacon of hope' for the afghan girls. Fereshteh Forough, a founder member of the Afghanistan-based non-governmental organization Digital Citizen Fund (earlier called Women's Annex Foundation), is passionately working in the field of women empowerment. Formally the first....
Canada’s national police have sent letters to cryptocurrency exchanges asking them to freeze at least 34 crypto addresses allegedly connected to the Freedom Convoy protests under the Emergencies Act recently invoked by Prime Minister Justin Trudeau. Banks have also received letters about “designated persons” tied to the protests as the police vow to take back Ottawa. Canadian Police Order Exchanges to Freeze Crypto Addresses Canada’s federal police force, the Royal Canadian Mounted Police (RCMP), has reportedly sent letters to financial institutions, including....