Tag: Palestine

Israel said Thursday it is starting to seize cryptocurrency accounts used by the Palestinian Hamas group to raise funds for its armed wing using Bitcoin and other cryptocurrencies. Benny Gantz, Israeli Defense Minister, ordered security forces to seize the accounts after a joint operation “uncovered a web of electronic wallets” used by Hamas to raise…

The Palestinian Monetary Authority is researching the possibility of issuance of its own digital currency, which would provide a symbolic move to monetary independence from Israel. PMA plans to use European funds to boost the private sector, but experts are skeptical about this new adventure. This step would include Palestine on the list of other…