Terrorists still raise money through crypto, but the impact is limited Evidence suggests crypto’s role in terrorism remains relatively minor: “It has not yet become a primary means of terror financing.” 1679 Total views Analysis
We’re living today “amidst an explosion of risk related to fraud, money laundering, terrorist financing, and data privacy,” said United States Treasury Secretary Janet Yellen in February and she specifically cited cryptocurrencies as a “tool to finance terrorism.”
Yellen appeared to be flagging an important new turn in the war against terror, and it begged some questions: Is crypto in the hands of terrorists a real, present danger to governments and society? If so, should the cryptocurrency and blockchain industry be worried?
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