Proposed US Task Force Would Tackle Crypto Use in Terrorism Financing
A new bill introduced by a U.S. lawmaker calls for the formation of a task force to combat the use of cryptocurrencies in financing terrorism.
Terrorism
Terrorists are using bitcoin, but they aren't the only ones. Here's the real story about bitcoin usage in Palestine.
Hamas is soliciting bitcoin donations for its military operations, but so far has only garnered a few thousand dollars.
New Jersey Office of Homeland Security and Preparedness Director Jared Maples predicted Wednesday that domestic terrorists will increasingly turn to bitcoin.
Cryptocurrencies are ill-suited for terrorist financing, a member of a think tank told the U.S. House of Representatives last week.
The Treasury undersecretary has called for other nations to regulate cryptocurrencies to help protect the financial system and national security.
