Salaries to remittances: Afghans embrace crypto amid financial chaos


Afghan men sit next to stacks of banknotes as people exchange money at a currency exchange market in Kabul, Afghanistan on Oct 7, 2021. Adoption of cryptocurrencies is growing quickly across the world, with El Salvador last month becoming the first country to adopt bitcoin as legal tender, despite fears of excluding the nations’ poor. — Reuters

When Roya Mahboob began paying her staff and freelancers in Afghanistan in bitcoin nearly 10 years ago, little did she know that for some of these women the digital currency would be their ticket out of the country after the fall of Kabul in August.

Mahboob, a founder of the non-profit Digital Citizen Fund along with her sister, taught thousands of girls and women basic computer skills in their centres in Herat and Kabul. Women also wrote blogs and made videos for which they were paid in cash.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Uber’s quest to crack Japan leads through a rural hot-springs town
Tech firms are persuading retailers to put AI everywhere
Inside China's buzzing AI scene year after DeepSeek shock
Ant-backed Chinese AI agent developer DeepWisdom aims to help solo entrepreneurs
Taiwan says it will lead 'democratic' high-tech supply chain with US
From one apartment, a window into generations
Meta overlooks ads from illegal gambling sites, says UK watchdog
OpenAI CFO says annualized revenue crosses $20 billion in 2025
Revolut seeks Peru banking license to expand Latin America footprint
NYSE-parent Intercontinental Exchange develops platform for 24/7 tokenized securities trading

Others Also Read