Gaza’s Ruling Group Hamas Seeks Funding in Bitcoin to Combat Financial Isolation

The militant arm of Hamas — the de facto ruling authority of the Gaza Strip in Palestine — has appealed to its supporters to send it funds using Bitcoin (BTC). The appeal was made via the official Telegram channel of Abu Obeida, a spokesman for Hamas’ Izz ad-Din al-Qassam Brigades, on Jan. 29.

Hamas — which comprises social service arm “Dawah” and militant faction “Izz ad-Din al-Qassam Brigades,” is deemed to be a terrorist organization, in whole or in part, by several countries and international organizations — including the United States and the European Union.

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