A bipartisan group of lawmakers is urging the Biden administration to swiftly crack down on the use of cryptocurrencies by Hamas and its affiliates following the Palestinian militant group's deadly attack in Israel earlier this month.
In a letter sent on Tuesday to the U.S. Treasury Department and the White House led by Senators Elizabeth Warren, Roger Marshall and Representative Sean Casten, 105 lawmakers expressed “grave concern” that Hamas and an affiliated group called Palestinian Islamic Jihad were using digital assets to fund their operations and evade U.S. sanctions.
From its inception, the cryptocurrency community touted digital assets as vehicles for anonymous transactions, and a slew of federal enforcement actions for fraud, money laundering and unregistered coin offerings has put the industry in the spotlight.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Israel singles out model Gigi Hadid for Israel-Hamas War post: ‘Nothing valiant about Hamas’ massacres’After Hamas engaged in one of the biggest terror attacks on record, model Gigi Hadid was called out by the Israeli government for her statement about the conflict.
Read more »
Israel-Hamas war live updates: Biden will go to Israel; Hamas addresses kidnapping of foreign nationalsThis is additional taxonomy that helps us with analytics
Read more »
Israel-Hamas War Live Updates: Biden to Visit Israel as Top Hamas Commander KilledThe Israeli military said its airstrikes in Gaza killed a Hamas commander who led one of last weekend’s massacres of civilians. The region is bracing for Israeli forces to launch a ground offensive.
Read more »
Israel-Hamas War Live Updates: Biden to Visit Israel, Jordan as Top Hamas Commander KilledThe Israeli military said its airstrikes in Gaza killed a Hamas commander who led one of last weekend’s massacres of civilians. The region is bracing for Israeli forces to launch a ground offensive.
Read more »
Israel-Hamas War Live Updates: Biden to Visit Israel, Jordan as Top Hamas Commander KilledThe Israeli military said its airstrikes in Gaza killed a Hamas commander who led one of last weekend’s massacres of civilians. The region is bracing for Israeli forces to launch a ground offensive.
Read more »