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Crypto remittances are a lifeline for the world’s most vulnerable

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Joshua Jahani
Contributor

Joshua Jahani is a lecturer at Cornell University and New York University, and a board adviser at the investment bank Jahani and Associates specializing in the Middle East and Africa.

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Cryptocurrency remittances are a lifeline for Afghans after the abrupt U.S. withdrawal led to Western Union temporarily ceasing operations and banks in the country severely limiting withdrawals.
As regulators in remittance source countries like the U.S. and U.K. turn their sights on crypto, they should remember how indispensable those currencies are to …

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