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Article • about 1 year ago

Lawmakers Express Concern Over Crypto's Link to Terrorism, FinCEN Proposes Rules for Mixers

Lawmakers Express Concern Over Crypto's Link to Terrorism, FinCEN Proposes Rules for Mixers
Summary
  • Hamas raised over $90 million in cryptocurrency, raising concerns about the role of crypto in terrorism financing.
  • Lawmakers are calling for an investigation into the connection between crypto and terrorism financing.
  • The proposal to designate all mixers as a "primary money laundering concern" has sparked concerns within the crypto industry about the implications for decentralized finance.

Source: https://www.coindesk.com/policy/2023/10/26/catching-up-on-a-lot-of-stuff/

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