Article • over 1 year ago

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.