Posted 12/10/2023, 5:55:28 PM
Crypto Bill Targets Hamas Transactions to Enforce Terrorism Sanctions
- Senators Romney, Rounds, Warner, and Reed introduced a bipartisan bill targeting crypto to enforce sanctions on foreign terrorist organizations
- Aims to restrict access to US bank accounts and prevent crypto transactions with US persons for identified terrorist groups
- Specifically targets Hamas in response to recent attacks on Israel
- Seeks to equip Treasury dept with more resources to address emerging digital asset threats
- Romney Urgent to counter cryptocurrency's role in financing of terrorism