March 25, 2022

Kurdcoin’s founder for The Independent: crypto is a lifeline in times of war

The Independent has spotlighted Kurdcoin's founder, Abdurrahman Bapir, in a compelling piece on how cryptocurrency is becoming an essential financial tool in conflict zones, including Iraq, Kurdistan, and Ukraine.

In a recent article by The Independent, Kurdcoin’s founder Abdurrahman Bapir shared insights on the growing importance of cryptocurrency in conflict-affected regions. The article primarily explores Ukraine’s groundbreaking use of crypto to raise over $100 million for its war effort, while also highlighting the broader shift toward digital assets in regions where traditional banking systems can collapse overnight.

Drawing on his own experiences during the 2014 ISIS invasion in Iraq, Bapir emphasized why crypto is increasingly seen as a safer store of value. “It became all too clear that people could not trust the banks with their cash,” he told The Independent. “Crypto, because people store it in their own wallet and their own phone, is a more trusted way of storing value than if you put it in a bank account you don’t have control over.”

 

“Crypto, because people store it in their own wallet and their own phone, is a more trusted way of storing value than if you put it in a bank account you don’t have control over.”

This international recognition highlights Kurdcoin’s unique role as the first and only crypto startup in Iraq and the Kurdistan Region, providing a secure and accessible bridge between digital assets and local financial needs. As countries like Ukraine move toward full legalization of crypto, Kurdcoin continues to advocate for a regulated and transparent framework in Iraq—one that empowers users, enhances security, and ensures long-term stability.

This piece on Ukraine’s digital transformation underscores the universal value of crypto in crisis and the crucial role Kurdcoin plays in fostering financial resilience across borders.

 

Follow this link to read the article.