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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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Additional Information
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.
Print number: HCONRES 88
Sponsor: Rep. Burchett, Tim [R-TN-2]
Process start date: 2024-02-06