While the Middle East is the leader in oil reserves, experts believe it will resort to a "follow the leader" approach to artificial intelligence, as the region faces multiple hurdles that stand in the way of innovation.
Reuters recently published an update on Tron's growing popularity with Islamic terror groups, to the point that it has eclipsed BTC as the chain of choice for Iranian-backed groups.
As charges are being mulled, U.S. politicians argue that while 'crypto' remains a small part of the overall financing, terrorists now know how they can leverage this to spread their ideology.
The move was announced by the Financial Crimes Enforcement Network, identifying coin mixing operations as “a class of transactions of primary money laundering concern.”
A bipartisan group of U.S. lawmakers wrote to the Treasury Department and the National Security Council, calling for the Biden Administration to crackdown on digital asset financing of terrorism.
Digital asset exchange Coinbase issued a blog post on October 17 emphasizing its commitment to “rooting out bad actors seeking to use crypto for illicit purposes.”
Binance downplays reports of customer accounts linked to terror groups, but figures unveiled in a new report say otherwise, with Israel probing around 200 more suspected accounts.
Tether's claim to fight terrorism financing tied to digital assets contradicts the current state of its USDT stablecoin, which remains a popular funding option for terror groups.
As terror ensues in Israel following the deadly attacks of the Palestinian group Hamas, a report sheds light on Binance's role in financing terrorism, prompting calls for a crackdown.
Binance’s historical willingness to knowingly allow both Hamas and its sponsor Iran to utilize its platform because it boosted Binance’s bottom line now looks even more short-sighted.
Israel's Land Authority explores digital land registry for real estate tokenization, offering fractional ownership and transparent transactions.