Pakistan's Hawala System Goes Crypto in $300 Million Smuggling Machine

The article explores how Pakistan's hawala system, a traditional informal value transfer system, is now utilizing cryptocurrency in its $300 million smuggling operations.

2 Jul, 03:08 — 2 Jul, 03:08

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DawnMostly Factual64d ago

Dunki 2.0 goes Crypto: hawala in Pakistan's $300 million smuggling machine

In a busy Italian town square, a man dances to a hip-shaking Punjabi song. People gather around him in delight. Two tourists take part in his vlog and lean in to kiss his cheek. Others pause, watch, smile, and move on. On TikTok, over 1.8 million followers watch his content. Within minutes of the videos going live, the comments section explodes. WhatsApp numbers are dropped into the feed. “Europe is my dream,” says one person. “Koi visa lagwade,” says another (Someone please help me with a vi...

By [email protected] (Sarah B. HaiderZaheer Abbas Sial)

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Pakistan's Hawala System Goes Crypto in $300 Million Smuggling Machine

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Dunki 2.0 goes Crypto: hawala in Pakistan's $300 million smuggling machine

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