How Crypto May Be Targeted By Congress In Domestic Terrorism Financing
The House Financial Services Committee issued an update to the schedule for hearings in January 2020 yesterday, with one hearing of note on January 15 that will very likely have policy implications for cryptocurrency in terms of its potential use to finance domestic terrorism in the U.S.
Scheduled for Wednesday, January 15, at 10am, the hearing is titled ‘A Persistent and Evolving Threat: An Examination of the Financing of Domestic Terrorism and Extremism.’ The Subcommittee on National Security, International Development, and Monetary Policy will be holding the hearing.
In a recent article by Forbes, three themes in regulation for 2020 were identified, one area of which was titled ‘Cryptocurrencies pose unique risks for illicit activity’.