A Treasury official confirmed that Crypto is not a popular tool for terrorists – they ‘prefer traditional products’

A Treasury official confirmed that Crypto is not a popular tool for terrorists - they 'prefer traditional products'



US Treasury Department Undersecretary Brian E. Nelson confirmed that terrorist use of crypto remains a small fraction of established methods for money laundering. He also acknowledged that “digital assets have not been a popular tool for Hamas or the Palestinian Islamic Jihad” and that “Hamas is using crypto in a relatively small way.” […]

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