Afghanistan vs Mauritania
Crypto regulation comparison
Afghanistan
Mauritania
Afghanistan effectively banned cryptocurrency in August 2022 under Taliban rule, declaring crypto 'haram' (forbidden). Authorities shut down 16 crypto exchanges in Herat and arrested traders. In 2024, enforcement intensified with provincial bans and public denouncements. Underground P2P trading persists despite the crackdown.
Mauritania has a restrictive stance on cryptocurrency. Islamic finance principles influence the financial regulatory approach. The central bank has warned against crypto use.
Key Points
- Taliban banned crypto in August 2022, declaring it haram (forbidden)
- 16 crypto exchanges shut down in Herat; traders arrested
- 2024 provincial bans with public loudspeaker campaigns against crypto
- Crypto was used during the 2021 transition period for fund transfers
- Underground P2P trading persists for remittances despite ban
Key Points
- Central bank has warned against cryptocurrency use
- Islamic finance principles influence regulatory approach
- No specific cryptocurrency legislation
- Limited crypto infrastructure
- Financial institutions discouraged from dealing in crypto