The US Treasury Department is demanding that politicians grant them more enforcement powers to sanction cryptocurrency exchanges

Adewale, Deputy Secretary of the Treasury of the United States Adeyemo said in written testimony before the Senate hearing on Tuesday, "Our problem is that actors are increasingly finding ways to use virtual currencies to conceal identities and transfer resources. The US Treasury is demanding that politicians give them more enforcement power to crack down on foreign crypto service providers, which is part of the goal of protecting national security." Adeyemo also claimed that Hamas and Palestinian Islamic Jihad obtained cryptocurrency from lran.