While a group of U.S. lawmakers have called for a crackdown on cryptocurrencies amid the ongoing conflict between Hamas and Israel, a new report cautions that some of the alleged links between cryptocurrencies and terror cells are misleading or overstated.
On Tuesday, a group of 105 bipartisan lawmakers, including crypto skeptic Sen. Elizabeth Warren (D-Mass.), sent a letter to officials at the White House and Treasury Department asking for estimates of the crypto assets held by Hamas, Palestinian Islamic Jihad, and Hezbollah, along with a plan to stop these U.S.-designated terrorist groups from using them.
