Crypto Aid Israel raises $185K, distributes aid to 4 organizations, in 10 days
Related: Crypto donations to go beyond $10B in a decade: The Giving BlockLev Echad by Or Hanegev veHagalil, which typically works with at-risk youth, has received funds for food, hygiene products and clothes for locals of locations adjacent to Gaza who picked to remain in the locations to supply defense and assistance. Latet is using funds for a large-scale operation to offer food and hygiene products for individuals from the south of Israel who remain there or have been moved. Donations to Crypto Aid Israel can be made to a multisignature wallet by means of its site.
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Contributions to Crypto Aid Israel can be made to a multisignature wallet via its site. The Crypto Aid Israel effort was led by the Israeli Web3 neighborhood, with business offering assistance. Some of the Crypto Aid Israel fans.
The Crypto Aid Israel initiative was led by the Israeli Web3 neighborhood, with companies supplying support. Global accounting company KPMG assisted with fundraising and circulation. Zengo, Fuse, Wonderland, Psagot Equity and other business have actually contributed to the effort. A few of the Crypto Aid Israel advocates. Source: cryptoaidisrael.comThere has been a renewed push to ensure that crypto is not used for terrorism. Binance has frozen wallets connected to Hamas. The United States Treasury Departments Financial Crimes Enforcement Network has actually sanctioned a crypto operator in Gaza with ties to Hamas and has actually proposed a rule to designate cryptocurrency mixing as a location of “main money laundering issue.” Over 100 U.S. lawmakers sent out a letter to the Treasury Department asking about the usage of crypto in funding terrorism on Oct. 17. Magazine: United States enforcement agencies are showing up the heat on crypto-related criminal offense
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