A group of lawmakers in the United States wants President Joe Biden and Treasury Secretary Janet Yellen to clarify the connection between Hamas and cryptocurrencies.
In the letter sent to Biden and Yellen, it was stated that there were concerns that Hamas was raising money through cryptocurrencies, but that this was not the case. “It’s not yet clear” how big of a problem it is. specified.
“Congress must understand the size, scale, and time span of Hamas’ digital asset activities and whether the United States has successfully seized illicit digital assets.” The following was stated in the letter:
“Hamas’ digital asset collection campaign traditional funding activities It is important to understand in relationship with. Hamas’ global investment portfolio, excluding funds received by Hamas from Iran or other donors hundreds of millions of dollars It is estimated that it yields returns. “This far exceeds the amount of donations Hamas receives through digital assets.”
The letter asks the Treasury Department several questions, such as how long and how much cryptocurrency Hamas has been collecting.
The letter has the signatures of more than 50 congress members.