The Israel v Hamas war is used by anti-crypto lawmakers like Elizabeth Warren, Brian Nelson, etc. to increase pressure against crypto.

Anti Crypto Lawmakers wrote to Biden

     Over a hundred US Democrat lawmakers have stated that crypto was used by the terrorist organisation Hamas to raise funds. This anti-crypto lobby went too far; it has written to Biden that cryptocurrency poses a threat to the United States and its allies.

Hamas uses crypto

     Several crypto addresses linked to Hamas have been identified. A few days ago, Binance and Tither froze Tron and USDT stablecoin addresses linked to Hamas. Blockchain analytics firm Elliptic has reported Gaza based Buy Cash Money, for helping terror groups.

Crypto World blames USD

     The crypto world claims that Hamas' has mostly used USD, and in crypto too it used USD pegged stablecoin, so it is impractical to blame crypto instead of cracking down on the support that Hamas is receiving through dollars.