Taliban won't have access to central bank reserves held in U.S.: official

Why it matters: International observers are concerned about what the Taliban would do with the funds if it got its hands on the central bank's assets.

Yes, but: "The vast majority of the Afghan Central Bank assets are not currently held in Afghanistan," a person familiar with the matter tells Axios.

• "Any Central Bank assets the Afghan government have in the United States will not be made available to the Taliban," an administration official tells Axios.

Central banks usually hold reserves in gold or a widely held currency like the U.S. dollar. These reserves are used for transactions among central banks.

Catch up quick: Taliban leaders declared victory in Afghanistan on Monday, which follows the Biden administration's decision to withdraw U.S. troops from the country.