Kurdcoin founder says lack of regulation crypto's big challenge in Iraq
Al-Monitor interviewed Abdurrahman Bapir, who heads Iraq’s first cryptocurrency exchange, on the appeal of cryptocurrency in Iraq and the Kurdistan Region and how the crypto crash has affected the domestic market.
Cryptocurrency is becoming more popular in Iraq, where the lack of a robust financial system is driving people to use it, the head of the country’s first cryptocurrency exchange told Al-Monitor.
“We don’t have a trading or financial system,” said CEO and founder of Kurdcoin Abdurrahman Bapir. “Crypto has become an alternative to what has failed them.”
