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U.S. Senator: Cryptocurrencies account for less than 1% of global illegal activity

US Senator Cynthia Lummis posted on X platform, stating that an inaccurate report last week claimed that Hamas raised nearly $100 million through encrypted assets, when in fact the number was less than $500,000. In fact, cryptocurrency accounts for less than 1% of illegal activity worldwide, and considering it an illegal financial tool is a misunderstanding. Lummis said that there is no doubt that cryptocurrency assets are not the problem, and bad actors exist in all fields. The future of US cryptocurrency assets is brighter than ever.

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