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Investigation into Hamas's Cryptocurrency Use and UNRWA Exchanges

The U.S. Congress calls for an investigation into Hamas's use of cryptocurrencies and potential exchanges with a UN agency. This aims to enhance financial security and transparency in international transactions, indirectly impacting global stability.
Key points
U.S. authorities are to investigate how Hamas uses cryptocurrencies.
It will be checked if the UN agency (UNRWA) exchanged cryptocurrencies with Hamas.
The goal is to enhance financial security and combat terrorism financing.
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Expired
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Additional Information
Print number: 118_HCONRES_88
Sponsor: Rep. Burchett, Tim [R-TN-2]
Process start date: 2024-02-06
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Expressing the sense of Congress that the Secretary of State in coordination with the Secretary of the Treasury should investigate the use of cryptocurrencies by Hamas (also known as Harakat al-Muqawama al-Islamiya), and whether any cryptocurrencies were exchanged between Hamas and the United Nations Relief and Works Agency.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HCONRES_88.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-02-06.

What are the main provisions?

Key points include:

  • U.S. authorities are to investigate how Hamas uses cryptocurrencies.
  • It will be checked if the UN agency (UNRWA) exchanged cryptocurrencies with Hamas.
  • The goal is to enhance financial security and combat terrorism financing.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Burchett, Tim [R-TN-2].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Security Economy