The U.S. Deputy Treasury Secretary Wally Adeyemo said that terrorist groups such as Hamas are still using cryptocurrencies, however, it is not the primary way of circumventing international sanctions. He stated that the Treasury would hold those who develop technologies such as crypto mixers responsible for making sure they are preventing terrorists from using these tools. The U.S. government also expects financial institutions and crypto firms to take steps to prevent terrorists from accessing resources. If they do not act to prevent illicit financial flows, the United States and its partners will. #Crypto #Terrorism #Regulation #Sanctions
You can read more about this topic here: Decrypt: Crypto ‘Not the Vast Majority’ of Terrorism Funding, Says US Treasury Deputy Secretary
