Brian Nelson was grilled during a House Financial Services Committee hearing providing oversight of the Financial Crimes Enforcement Network (FinCEN) and the Office of Terrorism and Financial Intelligence, according to a press release from Representative Tom Emmer on Feb. 14.
Treasury Undersecretary Brian Nelson tuve que responder for reports that Hamas received $41 million and Palestinian Islamic Jihad received $93 million in cryptocurrency donations.
He admitted that the reported figures were inaccurate and inflated, and the actual amounts received by the groups were likely much smaller.
Mainstream Media Misinformation
Anti-crypto politicians often embellish the role of digital assets in illicit finance and seldom back up their claims with facts that prove otherwise.
Moreover, the Undersecretary confirmed that the dollar amounts published in the media were incorrect and that cryptocurrencies are not a popular tool used by terrorist organizations.
In October 2023, the big bank-backed Wall Street Journal reported that between August 2021 and June 2023, the two organizations received these sums in crypto.
Hey we were right. Turns out making a huge gigantic stink about this and not letting it go for month can work. Also – shame on you WSJ you nasty regime shills https://t.co/njRnTyFxlI
- nic 🌠 carretero (@nic__carter) Febrero 14, 2024
“To be clear, Hamas is using crypto in relatively small amounts compared to what’s been widely reported, that’s correct?” Emmer questioned, to which Nelson responded, “That is our assessment, yup.”
Emmer pressed Nelson on whether the Treasury has a responsibility to correct the record and provide more accurate data, given the reported figures have informed some policymakers’ and business leaders’ perspectives on cryptocurrencies.
Nelson answered evasively, stating that there is “not a significant uptick that we perceive currently” before adding that “it is an area of opportunity.”
Emmer argued that the Treasury has more definitive data showing the limited use of cryptocurrencies by Hamas but has not released this to paint a more accurate picture and counter misinformation.
“I am talking about the misinformation that the Wall Street Journal has suggested, and that certain Senators are trying to base legislation on that would literally destroy innovation in this country,”
In November, the US Financial Services Committee wrote to President Joe Biden over concerns that Hamas was utilizing cryptocurrency to conduct illicit activities.
Emmer Backing Innovation
Tom Emmer has introduced a number of bills to foster innovation and quell the rising tide of anti-crypto sentiment from bank-backed politicians.
In March 2023, he introduced the Ley de certeza regulatoria de blockchain protecting developers and software operators from being classed as financial institutions.
In September, he reintroduced the “Ley Estatal Contra la Vigilancia de la CBDC” to protect Americans from a Federal Reserve-controlled and monitored central bank digital currency.
Binance Free $ 100 (Exclusivo): Use este enlace para registrarse y recibir $ 100 gratis y 10% de descuento en tarifas en Binance Futures el primer mes (términos).
- Distribución de relaciones públicas y contenido potenciado por SEO. Consiga amplificado hoy.
- PlatoData.Network Vertical Generativo Ai. Empodérate. Accede Aquí.
- PlatoAiStream. Inteligencia Web3. Conocimiento amplificado. Accede Aquí.
- PlatoESG. Carbón, tecnología limpia, Energía, Ambiente, Solar, Gestión de residuos. Accede Aquí.
- PlatoSalud. Inteligencia en Biotecnología y Ensayos Clínicos. Accede Aquí.
- Fuente: https://cryptopotato.com/congressman-grills-treasury-on-incorrect-reporting-of-crypto-terror-financing/
- :posee
- :es
- :no
- $ UP
- 1
- 14
- 2021
- 2023
- a
- Nuestra Empresa
- Conforme
- preciso
- actividades
- real
- la adición de
- aceptado
- AI
- también
- am
- Estadounidenses
- cantidades
- an
- y
- anti-cripto
- somos
- Reservada
- argumentó
- AS
- evaluación
- Activos
- AGOSTO
- Atrás
- fondo
- apoyo
- Banca
- bandera
- bases
- BE
- esto
- antes
- "Ser"
- entre
- Biden
- Big
- Billetes
- binance
- Binance Futures
- frontera
- Brian
- pero
- by
- PUEDEN
- central
- Banco Central
- moneda digital del banco central
- a ciertos
- certeza
- reclamaciones
- limpiar
- Color
- comité
- en comparación con
- Inquietudes
- Conducir
- Confirmado
- Congresista
- contenido
- correcta
- Para contrarrestar
- país
- Crímenes
- cripto
- criptomonedas
- criptomoneda
- Moneda
- datos
- definitivo
- destruir
- desarrolladores
- digital
- Acciones digitales
- moneda digital
- Dólar
- donaciones
- durante
- Cubo
- final
- cumplimiento
- disfrutando
- Exclusiva
- externo
- hechos
- Feb
- Federal
- Costes
- Figuras
- financiar
- financiero
- delitos financieros
- Red de Ejecución de Delitos Financieros
- Instituciones financieras
- Inteligencia financiera
- servicios financieros
- financiamiento
- FinCen
- Nombre
- Cuidados de acogida
- Gratuito
- Desde
- Futuros
- dado
- Go
- Grupo
- Hamas
- Tienen
- he
- .
- Hogar
- HTTPS
- enorme
- ilícito
- in
- incorrecto
- incorrecto
- informó
- Innovation
- instituciones
- Intelligence
- interno
- Introducido
- Islámico
- IT
- JOE
- Joe Biden
- revista
- jpg
- junio
- Legislación
- dejando
- como
- que otros
- Limitada
- Realizar
- Marzo
- Margen
- Medios
- podría
- millones
- Desinformación
- monitoreado
- Mes
- más,
- mucho más
- del sistema,
- Ninguna
- Noviembre
- número
- octubre
- of
- off
- LANZAMIENTO
- Oficina
- a menudo
- on
- operadores
- Oportunidad
- para las fiestas.
- de otra manera
- nuestros
- salir
- Más de
- Supervisión
- perspectivas
- imagen
- Platón
- Inteligencia de datos de Platón
- PlatónDatos
- Los políticos
- Popular
- presidente
- presidente joe biden
- prensa
- Comunicado de prensa
- proteger
- protector
- Demostrar.
- proporcionar
- proporcionando
- publicado
- cuestionado
- Reading
- recepción
- recibido
- grabar
- régimen
- registrarte
- regulador
- relativamente
- ,
- liberado
- reportado
- Informes
- Informes
- representante
- responsabilidad
- Derecho
- creciente
- Función
- raramente
- SENADORES
- sentimiento
- Septiembre
- Servicios
- Compartir
- demostración
- importante
- chica
- menores
- Software
- sólido
- algo
- Patrocinado
- Estado
- indicando
- calle
- sumas
- hablar
- Terrorismo
- terrorista
- esa
- El proyecto
- su
- Ahí.
- Estas
- así
- Marea
- a
- tom
- Tom Emmer
- del IRS
- tesorería
- tratando de
- se convierte
- dos
- us
- usado
- usando
- Utilizando
- Pared
- Wall Street
- Wall Street Journal
- fue
- we
- tuvieron
- sean
- que
- extensamente
- Actividades:
- se
- escribí
- WSJ
- Usted
- tú
- zephyrnet