According to the statement made today by the United States government, some cryptocurrency companies do not adequately intervene against illegal transactions.
According to information provided by Reuters, US Deputy Treasury Secretary Wally Adeyemo, speaking at an event in London, said that financial institutions “the vast majority” He said he was trying to prevent terrorism financing.
Deputy Minister, however “Especially in the digital asset space, there are institutions that want to innovate regardless of the consequences, including taking action against illicit financial transactions.” said.
The use of cryptocurrency by terrorist organizations came to the fore after Hamas’s attack against Israel on October 7. More than 100 senators in the US called on the government to stop the use of cryptocurrencies in financing terrorism.
Adeyemo addressed cryptocurrency companies regarding the fight against illegal transactions:
“Our expectation is that financial institutions, digital asset companies and other institutions in the virtual currency ecosystem of terrorists is to take steps to prevent access to these resources. If they do not take action to prevent illicit financial flows The United States and our partners will take action.“