Witnesses didn't call for new domestic terror statutes or treat cryptocurrencies as a tool uniquely suited for illicit finance in a U.S. Congressional hearing Thursday.
Witnesses will likely suggest giving FinCEN better tools to watch for illicit financing methods.
Gary Gensler will testify before the U.S. Senate Banking Committee today for a confirmation hearing on his nomination to lead the SEC.
The hearing will assess various means of terrorist financing including cryptocurrencies and other funding mechanisms amid the backdrop of what occurred on Jan. 6.
Congress is holding a hearing on financing for domestic terrorism this week. What role will bitcoin play?
