Image
Image
27-29 May, 2025
Image 27-29 May, 2025

Las Vegas, NV

Skip to content
Subscribe
  • Home
  • Services
  • Video
  • Events
Subscribe

Reading

Hamas Calls for Bitcoin to Combat Israeli Freeze of Qatari Aid
News Adoption

Hamas Calls for Bitcoin to Combat Israeli Freeze of Qatari Aid

Harold Vandelay
By: Harold Vandelay
Oct 26, 2023
3 min read
Hamas Calls for Bitcoin to Combat Israeli Freeze of Qatari Aid

The militant arm of Hamas in Gaza has made an appeal for Bitcoin funds after a decision by Israel to temporarily freeze millions of dollars in Qatari aid to Palestine.

Hamas, the de-facto ruling authority of the Gaza Strip in Palestine is regarded by several countries, including the US and the EU, as a terrorist organization. Russia, Turkey, and China are among those major world powers who do not subscribe to the definition.

The official Telegram channel of Abu Obeida, a spokesman for Hamas’ Izz ad-Din al-Qassam Brigades, made the appeal for Bitcoin asking all lovers of the resistance and the supporters of our righteous cause to support the resistance financially using Bitcoin.

Hamas has been the voice of Gaza since taking power from the Palestinian Nationalist political party Fatah in 2007 after a military conflict, although the Gaza Strip is now blockaded by both Israel and Egypt. Israeli Prime Minister Benjamin Netanyahu’s decision to freeze millions of dollars in Qatari aid – including USD 15 million a month to pay the salaries of Hamas civil servants – has heightened the current tension between Gaza and Israel. Abu Obeida’s latest message hinted at the request for funds:

“The Zionist enemy is fighting the resistance by trying to cut its support by all means, but the resistance lovers in all the world are fighting these Zionist attempts and are seeking to find all possible support for the resistance.”

A recent congressional hearing in the US confirmed that in general, fiat currencies are the preferred choice of funding for terrorist activities or arms and that the success of fundraising for such groups through cryptocurrencies has been limited.

Follow BitcoinNews.com on Twitter: @BitcoinNewsCom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

Stay on top of Bitcoin
news, get weekly updates
in your inbox.

Recommended News

Adoption
Adoption
Panama City Considers Creating a Bitcoin Reserve
May 19, 2025
2 min read
By: Alex Lari
Adoption
Adoption
Al Abraaj Becomes First Mideast Firm with Bitcoin Treasury
May 18, 2025
3 min read
By: Alex Lari
Adoption
Adoption
Metaplanet Overtakes El Salvador in Bitcoin Holdings After $126M Purchase
May 13, 2025
2 min read
By: Alex Lari
All News
Accelerating Adoption
News
  • Adoption
  • Legal
  • Markets
  • Mining
  • Opinion
  • Press Release
  • Learn
  • Sponsored
Company
  • About Us
  • Brand Assets
  • Newsletter
  • Services
  • Site Map
  • Terms & Privacy
Connect
  • Contact Us
  • Contribute
  • Services
  • Media Partner
  • RSS
  • Videos
Social Media
  • Twitter
  • YouTube
  • Telegram
  • LinkedIn
  • Instagram
  • Nostr
  • TikTok
  • Flipboard

© A Bitcoin-Focused Company | 256 Media, 2024

Language Switcher
Search
  • News
    • Adoption
    • Legal
    • Markets
    • Mining
    • Opinion
    • Press Release
    • Learn
    • Interviews
  • Services
  • Video
  • Events
  • News
    • Adoption
    • Interviews
    • Learn
    • Legal
    • Markets
    • Mining
    • Opinion
    • Press Release
  • About Us
  • Contact
  • Newsletter
Search

Popular Articles

Panama City Considers Creating a Bitcoin Reserve
May 19, 2025 · 2 min
Steak ‘n Shake Accepting Bitcoin: Effects on Retail and E-Commerce
May 18, 2025 · 2 min
Al Abraaj Becomes First Mideast Firm with Bitcoin Treasury
May 18, 2025 · 3 min
Donald Trump’s Recent Visit To The Middle East & The Effects On Bitcoin
May 17, 2025 · 2 min
Coinbase Data Breach and $20M Ransom: What We Know So Far
May 17, 2025 · 3 min
Ukraine to Reportedly Launch First European Bitcoin Reserve
May 16, 2025 · 3 min

Bitcoin Only
Newsletter

Get weekly news roundups direct to your inbox!