US Treasury Targets Hamas-Linked Crypto Mixers as Money-Laundering Hubs

The Biden administration is designating international cryptocurrency exchanges, known as "mixers," as money-laundering hubs that pose a threat to national security. This move by the Treasury Department aims to combat illicit finance and shape the future of the global financial system. The designation will require special reporting for financial transactions and is part of a broader effort to combat the illicit use of cryptocurrency by terrorist groups, including Hamas.