More terrorist attacks linked to digital assets: UN

Nov. 01, 2022

Up to 20% of terrorist attacks are financed by crypto-assets or otherwise linked to digital assets, a United Nations official told Bloomberg. The UN’s Svetlana Martynova said officials are detecting more cases of crypto use in terror-financing as they step up their scrutiny of such practices.

Treasury Request: Comments on the Treasury Department’s request for comment on the illicit finance and national security risks posed by digital assets are due this Thursday. The request focuses on Treasury’s action plan on illicit finance pursuant to President Joe Biden’s executive order on digital assets.

Polling Results: Following the administration’s release of several digital asset reports in September, ICBA released polling conducted by Morning Consult indicating consumers support a regulatory framework for digital assets and are skeptical of the creation of a U.S. central bank digital currency.