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US House Subpanel To Look At Crypto As Part Of Examination Of How Domestic Terrorism Is Funded

Wed, 24 Feb 2021, 02:16 am UTC

A subcommittee of the U.S. House Financial Services Committee is expected to discuss how to thwart current and future avenues relating to the financing of domestic terrorism, including cryptocurrency.

According to a memo on Monday (Feb. 22), the Subcommittee on National Security, International Development and Monetary Policy will hold its hearing on Thursday, Feb. 25.

Specifically, it will assess various means of terrorist financing including crowdfunding, charities, content subscriptions, cryptocurrencies and other funding mechanisms amid the backdrop of what occurred on Jan. 6.

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