U.S. Deputy Treasury Secretary Wally Adeyemo debunked the notion that cryptocurrencies predominantly finance terrorist organizations. In a conversation with RUSI’s Centre for Financial Crime and Security Studies, he clarified traditional banking systems remained the primary channel for such funding. Recent media buzz, including reports from the Wall Street Journal, suggested Hamas accumulated significant funds through cryptocurrency. This was refuted by blockchain analytics company Elliptic, which asserted there was no substantial evidence supporting such claims about Hamas’s crypto funds. Hig…