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Cryptocurrencies under renewed focus after Hamas attacks

Politicians and regulators step up scrutiny of alleged links between digital currencies and terrorism
Regulators and politicians have warned that proscribed groups could use crypto coins and exchanges to raise and transfer funds

The crypto industry’s long quest for legitimacy and mainstream adoption hit another big hurdle this month, as US politicians and authorities intensified their focus on alleged links to the financing of terrorism.

High-profile lawsuits, including the criminal trial of Sam Bankman-Fried, founder of the failed FTX crypto platform, have already shed a harsh light on how the industry protects retail investors.

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