Terrorists still predominantly use cash over crypto: UN officials
Cointelegraph
Published Oct 31, 2022 02:00AM ET
Updated Nov 01, 2022 03:40AM ET
Terrorist groups who have been excluded from the “formal financial system” are slowly turning to crypto to fund their heinous activities, according to Svetlana Martynova, the Countering Financing of Terrorism Coordinator at the United Nations (UN).
The UN official made the comments during a speech at a “Special Meeting” run by the UN’s Counter-Terrorism Committee (CTC) in New Delhi and Mumbai on Oct. 28-29, which was focused on combating the use of “new and emerging technologies” for terrorist purposes.
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Written By: Cointelegraph
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