Hamas plans to continue using cryptocurrencies for operations
Israeli Defense Minister Benny Gantz signed an order to seize more than $800,000 on cryptocurrency on its way to Hamas, but a spokesperson for the movement said that the Israeli announcement was exaggerated.
GAZA CITY, Gaza Strip — Israeli Defense Minister Benny Gantz signed an order to seize 2.6 million shekels ($830,000) in cryptocurrency on Dec. 31 from a money-exchange company Hamas runs in the Gaza Strip, called Mutahidoon.
According to Israel Hayom, Israeli Defense Ministry said the seizure was one of the largest in recent years and dealt a significant blow to the currency exchange.
