Bitcoin SV

<p><img src="https://media.licdn.com/dms/image/C4D0BAQGBc3KzyqgZpQ/company-logo_100_100/0/1630682957285/bsvblockchain_logo?e&#61;1706745600&amp;v&#61;beta&amp;t&#61;5eWAa02yAi_tHB3f1piwzawL620liPTY6-NoR4R8vLk" /></p><h2 id="header-0"><a href="https://www.linkedin.com/company/bsvblockchain/" rel="noopener noreferrer nofollow">BSV Blockchain</a></h2><p>October 30, 2023</p><p>Senators Urge DOJ Investigation into Binance and Tether for suspected terrorist financing, as Lawmakers and the US Treasury Raise Concerns about Cryptocurrency&#39;s Role in funding terrorist organizations.</p><p>The BSV Blockchain Gazette is presented by Bryan Daugherty, Global Policy Director for the BSV Blockchain Association, featuring:</p><ul><li>Sen. Cynthia Lummis (R-WY)</li><li>Rep. <a href="https://www.linkedin.com/in/french-hill-25b693194/" rel="noopener noreferrer nofollow">French Hill</a> (R-AR)</li><li><a href="https://www.linkedin.com/company/binance/" rel="noopener noreferrer nofollow">Binance Cryptocurrency Exchange</a></li><li>Attorney General Merrick Garland</li><li>Senate Banking Chair Sherrod Brown (D-OH)</li><li>Rep. <a href="https://www.linkedin.com/in/seancasten/" rel="noopener noreferrer nofollow">Sean Casten</a> (D-IL)</li><li><a href="https://www.linkedin.com/in/wally-adeyemo-799702183/" rel="noopener noreferrer nofollow">US Deputy Treasury Secretary Wally Adeyamo</a></li></ul><h3 id="senators-urge-doj-investigation-into-binance-and-tether-for-suspected-terrorist-financing">Senators Urge DOJ Investigation into Binance and Tether for Suspected Terrorist Financing</h3><p>Sen. Cynthia Lummis (R-WY) and Rep. French Hill (R-AR) sent a letter to Attorney General Merrick Garland, urging the Justice Department to investigate Binance and Tether’s engagement in illicit activities, such as providing material support and resources to fund terrorism, including financing for Hamas.</p><h3 id="lawmakers-raise-concerns-about-cryptocurrency-39-s-role-in-terrorist-financing">Lawmakers Raise Concerns about Cryptocurrency&#39;s Role in Terrorist Financing</h3><p>Two House Financial Services subcommittees and the Senate Banking Committee held hearings on terrorist financing. The hearings were focused on sanctions more than crypto, but some lawmakers voiced concern about the use of crypto in financing terrorism, including Senate Banking Chair Sherrod Brown (D-OH), Sen. Cynthia Lummis (R-WY), and Rep. Sean Casten (D-IL).</p><h3 id="us-treasury-official-warns-cryptocurrency-firms-against-assisting-terrorist-organizations">US Treasury Official Warns Cryptocurrency Firms Against Assisting Terrorist Organizations</h3><p>In a speech at London’s Royal United Services Institute, US Deputy Treasury Secretary Wally Adeyamo discussed efforts to combat terrorist financing, and warned cryptocurrency firms against allowing their platforms to be used to finance terrorist organizations.</p>

Senators Call for DOJ Investigation into Binance and Tether Amid Concerns Over Cryptocurrency's Role in Terrorist Financing

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