Palestinian Government Said to Be Considering a Bitcoin-Like Currency
Palestine's monetary authority is reportedly looking to create its own digital currency.
Israel's political backdrop gave attendees of Tel Aviv Blockchain Week an opportunity to ponder the duality of today's bitcoin movement.
Terrorists are using bitcoin, but they aren't the only ones. Here's the real story about bitcoin usage in Palestine.
The report from an Israeli organisation claims the group used bitcoin to avoid sanctions, offer a degree of anonymity to donors and enable cross-border money transfers.
Crypto startup Orbs has been working with the Trump administration to explore blockchain solutions related to the Israeli–Palestinian conflict.
For a small community of users in the occupied territories, bitcoin has become an economic lifeline to the outside world. But it can do only so much.