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Crypto advocacy groups object to U.S. Senator Warren linking cryptocurrencies to terrorism

A cryptocurrency advocacy organization based in the United States is opposing Senator Elizabeth Warren and other lawmakers who are linking cryptocurrency to terrorism. Earlier, Warren and more than 100 lawmakers signed a letter calling for the suppression of illegal cryptocurrency activities, claiming that these activities are used to fund Hamas and the Palestinian Islamic Jihad organization. Aya Fanusie, the director of anti-money laundering at the Cryptocurrency Innovation Committee, said that Warren's proposed solutions to some of these issues cannot address problems that occur outside the jurisdiction of the US judiciary. The Blockchain Association and the Cryptocurrency Innovation Committee stated that the terrorist organization Hamas has reduced its use of Bitcoin because authorities can more easily track funds.

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