Terrorist Financing News
Latest Terrorist Financing News
The terrorist group ISIS is leveraging stablecoins such as Tether for fundraising and global financial transactions, including operations in Africa.Â
The Biden administration is urging Congress to consider the most significant updates to the Treasury’s sanctions authority since 2001. This move aims to better regulate the use of digital assets for financial transactions in regions impacted by terrorism. According to…
Leading global crypto exchange Binance recently experienced a notable departure with Jennifer Hicks resigning from her position as the firm's first anti-terrorism financial advisor.
The Securities and Futures Commission (SFC) has introduced an updated Anti-Money Laundering/Counter-Financing of Terrorism Self-Assessment Checklist, aimed at enhancing compliance in the evolving virtual asset sector.
Two U.S. elected officials wrote to the Department of Justice, calling for a concluded investigation on Binance and Tether that could lead to litigation against the pair of crypto heavyweights.
Blockchain analytics provider Elliptic refuted claims made in a Wall Street Journal article that misinterpreted its data and incorrectly said Hamas raised millions in cryptocurrencies.Â
The U.S. Treasury Department is currently pushing for new rules that enhance monitoring and reporting capabilities on virtual currency mixers leveraged by illicit actors and terrorist groups.
Coinbase crypto exchange has supported an initiative to prevent illegal activities from Hamas in the cryptocurrency space. Coinbase has joined other companies in supporting the fight against terrorist organizations. It believes that no asset, including gold, fiat money, or cryptocurrencies,…
As Israel grapples with the aftermath of an attack orchestrated by Hamas, we look at the role of crypto in terrorism financing.
Appearing before a hearing by a U.S. Senate Committee to discuss national security and counterterrorism, the Director of the Federal Bureau of Investigation (FBI), Christopher Wray, replied to concerns about bitcoin and other cryptocurrencies. In the hearing held on November…
Australian Home Affairs Minister Peter Dutton has offered a stark warning claiming that terrorists are using crypto-currencies to fund their deadly missions, according to a report by SBS on November 7, 2019. Extremists Leveraging Cryptos to Cover Tracks Presenting at…