USING CRYPTOCURRENCY IN AFGHANISTAN

Abstract

The world is on the brink of rewriting business and monitoring history. It is very crucial to mention academically how Afghan crypto-monitory transactions are taking place. even though it is a soft threat to official government organizations via tax evasion, money laundering, and terrorism financing. The qualitative method with content analysis was applied because the data was in textual form. The data was analyzed through Atlis.ti 9. First of all, the interviews were coded, and then themes were created. The result showed that Bitcoin and Binance had the most users, and there were six types of cryptocurrencies in Afghanistan. Furthermore, the advantages and disadvantages were highlighted. Lastly, it was highly suggested that the Afghan government have specific laws for general protection and to gain the benefits of the new world of high technology.