In the aftermath of Hamas' Oct. 7 attack on the Israeli people, lawmakers began asking questions about how Hamas managed to execute its attacks.
FILE - An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on Nov. 18, 2021. In the aftermath of Hamas' Oct. 7 attack on the Israeli people, lawmakers on Capitol Hill began asking questions about how Hamas managed to execute its attacks and how they were funded.has been a constant source of funding for Hamas, which was founded in 1987.
“Our current laws are inadequate. We have the power to choke off that lifeline and I think that’s what we should do," Sen. Elizabeth Warren, D-Mass., said.Digital Asset Anti-Money Laundering Act By no means is there consensus in Congress about how or if there should be more regulation around cryptocurrency. Some who object to a crackdown on the industry argue it would only send activity overseas and further evade U.S. regulation.
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