In a recent bipartisan move, 58 U.S. lawmakers have directed their attention to President Biden and Treasury Secretary Yellen, seeking comprehensive information regarding the alleged use of cryptocurrencies by Hamas, a designated terrorist organization. This inquiry stems from concerns over the potential misuse of digital assets for financing illegal operations.
The letter, spearheaded by Representatives across party lines such as Tom Emmer, Patrick McHenry, French Hill, and Ritchie Torres, emphasizes the necessity for a thorough understanding of Hamas’ utilization of cryptocurrencies.·
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