{"id":2351,"date":"2023-10-19T17:12:28","date_gmt":"2023-10-19T15:12:28","guid":{"rendered":"https:\/\/dbridge.network\/?p=2351"},"modified":"2023-10-19T17:12:29","modified_gmt":"2023-10-19T15:12:29","slug":"cash-is-king-for-terror-financing-crypto-plays-negligible-role","status":"publish","type":"post","link":"https:\/\/dbridge.network\/pl\/cash-is-king-for-terror-financing-crypto-plays-negligible-role\/","title":{"rendered":"Cash is King for Terror Financing, Crypto\u00a0Plays Negligible Role"},"content":{"rendered":"<p>Terrorism financing is primarily conducted in fiat, according to the latest findings from Chainalysis. This goes against the arguments often spouted by anti-crypto politicians and media regarding the role of cryptocurrencies in the activity<strong>.\u00a0<\/strong><\/p>\n\n\n\n<p>On October 18, blockchain analytics firm Chainalysis released a report detailing the role of cryptocurrency in terrorism financing\u2014and data shows that it is miniscule.\u00a0<\/p>\n\n\n\n<p>The report titled \u201cCorrecting the Record\u201d aims to address inaccurate methodologies for estimating cryptocurrency\u2019s&nbsp;<a href=\"https:\/\/beincrypto.com\/hamas-crypto-donations-terrorism-israel\/\" target=\"_blank\" rel=\"noreferrer noopener\">role<\/a>&nbsp;in terrorism financing.<\/p>\n\n\n\n<p>Chainalysts stated it had \u201cseen overstated metrics and flawed analyses of these terrorist groups\u2019 use of cryptocurrency.\u201d&nbsp;<\/p>\n\n\n\n<p>Moreover, it noted that crypto plays a small role in terrorism financing. However, some groups like\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/beincrypto.com\/israel-gaza-war-makes-bitcoin-good-bet\/\" target=\"_blank\">Hamas<\/a>, Hezbollah, and Palestinian Islamic Jihad do raise and transfer some funds using crypto.<\/p>\n\n\n\n<p><a href=\"https:\/\/beincrypto.com\/cash-king-terror-financing-crypto-negligible\/\" target=\"_blank\" rel=\"noreferrer noopener\">MORE<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Terrorism financing is primarily conducted in fiat, according to the latest findings from Chainalysis. This goes against the arguments often spouted by anti-crypto politicians and media regarding the role of cryptocurrencies in the activity.\u00a0 On October 18, blockchain analytics firm Chainalysis released a report detailing the role of cryptocurrency in terrorism financing\u2014and data shows that [&hellip;]<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2351","post","type-post","status-publish","format-standard","hentry","category-bez-kategorii"],"_links":{"self":[{"href":"https:\/\/dbridge.network\/pl\/wp-json\/wp\/v2\/posts\/2351"}],"collection":[{"href":"https:\/\/dbridge.network\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dbridge.network\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dbridge.network\/pl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dbridge.network\/pl\/wp-json\/wp\/v2\/comments?post=2351"}],"version-history":[{"count":1,"href":"https:\/\/dbridge.network\/pl\/wp-json\/wp\/v2\/posts\/2351\/revisions"}],"predecessor-version":[{"id":2352,"href":"https:\/\/dbridge.network\/pl\/wp-json\/wp\/v2\/posts\/2351\/revisions\/2352"}],"wp:attachment":[{"href":"https:\/\/dbridge.network\/pl\/wp-json\/wp\/v2\/media?parent=2351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dbridge.network\/pl\/wp-json\/wp\/v2\/categories?post=2351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dbridge.network\/pl\/wp-json\/wp\/v2\/tags?post=2351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}