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Hamas armed wing announces suspension of bitcoin fundraising

The armed wing of the Palestinian Islamist group Hamas said on Thursday it would stop receiving fundraising via the crypto currency bitcoin, a method it has used for years, citing an increase in "hostile" activity against donors. Contacted by Reuters, th

The armed wing of the Palestinian Islamist group Hamas said on Thursday it would stop receiving fundraising via the crypto currency bitcoin, a method it has used for years, citing an increase in "hostile" activity against donors. Contacted by Reuters, the Israeli military declined to comment on the Hamas statement. Policymakers and regulators across the world have for years voiced concern over the illegal use of crypto, from money laundering to the financing of terrorism.

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