US Treasury To Warn Crypto Firms Against Funding Hamas Amid Israel War: ‘Use Every Tool Available To Go After Any Person Or Platform’
The U.S. Treasury Department is stepping up its scrutiny of crypto firms that may be enabling terrorist financing. This follows the revelation that digital currencies, such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), may have been used to fund Hamas’s recent attack on Israel. U.S. Deputy Treasury Secretary Wally Adeyemo is scheduled to make a speech on Friday, warning these firms about their potential involvement in supporting terrorist organizations, reported The Washington Post. The address will be at London’s Royal United Services Institute, a foreign-policy think tank. Adeyemo’s w…