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Cash, not crypto, still top funding choice for terrorists, Singapore reports
26.7.2024
Singapore’s 2024 terrorism threat assessment reveals a continued reliance on cash transfers for funding by terrorist groups despite some increase in crypto usage
Senator Elizabeth Warren Criticizes Crypto, Claims It Threatens U.S. Security and “Helps Terrorists
25.3.2024
Senator Elizabeth Warren (D-MA) criticized North Korea’s crypto usage and the rise of crypto “pig butchering” scams at a Thursday hearing of the Senate of Armed Services, claiming that cryptocurrency as a whole poses “a threat to our national security.” Warren has long been openly anti-crypto...
Treasury Official Confirms Crypto Isn’t a Popular Tool for Terrorists — Says They ‘Prefer Traditional Products’
16.2.2024
U.S. Department of the Treasury’s Under Secretary Brian E. Nelson has confirmed that terrorists’ use of crypto remains a small fraction of more established mechanisms to move money. He also admitted that “digital assets were not even a popular tool for Hamas or the Palestinian Islamic...
Treasury’s Yellen: More Power Needed to Counter Crypto Use by Terrorist Groups
9.2.2024
U.S. Treasury Secretary Janet Yellen has expressed the need for increased authority within the Treasury Department to address the alleged utilization of crypto by terrorist groups. Senator Sherrod Brown, known for his role in shaping crypto legislation, questioned Yellen about the necessary updates...
EU Provisional Agreement: Crypto Asset Service Providers Added to Obliged Entities List
19.1.2024
As per the provisional agreement struck between the European Union Council and Parliament, crypto asset service providers will be obliged to verify facts and information on users whose transactions exceed $1,090. According to the Belgian Finance Minister, the new requirements will “ensure...
US Lawmakers Launch Bill to Counter Terrorism and Threats Involving Digital Assets
10.12.2023
Several U.S. lawmakers have introduced a bipartisan bill to crack down on terrorist organizations by applying sanctions to foreign entities, including crypto platforms, that facilitate financial transactions for terrorists. The legislation would also “equip the Treasury Department with...
Does Crypto Finance Hamas and Other Terrorists?
15.11.2023
US Treasury Deputy Secretary: Crypto Not Major Source of Funding for Terrorists
30.10.2023
U.S. Treasury Deputy Secretary Wally Adeyemo says crypto is not the vast majority of the ways terrorist groups are funded, noting that these organizations “continued to use the traditional banking system.” His statements followed media reports claiming that Hamas raised a large sum...
Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists
27.12.2022
The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in public. The DSS is still seeking to apprehend Emefiele despite losing its bid to have a Nigerian...
UN Says Terrorists Are Funding Activities Through Crypto Transactions
31.10.2022
Terror organizations are increasingly turning to cryptoassests to fund their activities, said United Nations (UN) officials.
During the UN’s Counter-Terrorism Committee (CTC) meeting in India on Friday and Saturday, the officials discussed the "threats and opportunities related to new payment...
Terrorists are funding their horrible deeds with crypto: UN officials
31.10.2022
Cash and hawala remain the “predominant methods of terror financing,” according to a UN official, however, "advanced" terror organizations are turning to cryptocurrencies
Metaverse Offers Future Full of Potential – for Terrorists and Extremists, too
16.1.2022
Joel S. Elson, Assistant Professor of IT Innovation, the University of Nebraska Omaha; Austin C. Doctor, Assistant Professor of Political Science, University of Nebraska Omaha, and Sam Hunter, Professor of Psychology, University of Nebraska Omaha.
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The metaverse is coming. Like...
Counter-Terrorists Win: Valve Just Nuked Most Of Counter-Strike: Global Offensive’s F2P Features
4.6.2021
Since 2018, Counter-Strike: Global Offensive players could enjoy the entire game, more or less, without paying a cent. That’s now come to an end as Valve just announced the end of many CS:GO free-to-play (F2P) features in a blog post on the official CS:GO website.Read more
Terrorists still raise money through crypto, but the impact is limited
9.4.2021
Evidence suggests crypto’s role in terrorism remains relatively minor: “It has not yet become a primary means of terror financing.”
House Dems Request Trump Admin. Briefing on Crypto Seized From Terrorists
26.8.2020
The information will be used to develop regulation aimed at tackling the illicit use of cryptocurrencies
Researchers in Philippines Track Crypto Use By Terrorists
21.5.2020
The Philippine Institute for Peace, Violence and Terrorism Research has been tracking transactions made by local terror groups
Chainalysis Finds Terrorists Are Refining Crypto Financing Operations
17.1.2020
New research from Chainalysis research finds terrorists refining their financing operations using crypto
Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes
7.11.2019
The Australian Minister of Home Affairs warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions”
Palestinian Civilians Are Using Bitcoin More Than Terrorists
22.8.2019
Terrorists are using bitcoin, but they aren't the only ones. Here's the real story about bitcoin usage in Palestine