Indian Minister of Foreign Affairs: ISIS uses Bitcoin for "payment for murder".

According to information released on August 21, Indian Foreign Ministry S Jaishankar said in a speech to the UN Security Council on Thursday that Bitcoin had been used as a tool for extending funds from terrorist organizations. ISIL (Daesh), the support of finance capital has become stronger and income is still stable, and compensation gifts can now also be paid in Bitcoin. But he is not the only one to raise these concerns. UN Assistant Secretary General for Terrorism Vladamir Bonokov has called on the Security Council to adopt financial sanctions to prevent ISIS from moving through Bitcoin. He added that cryptocurrencies are "filling the void in global financial markets." However, according to the data, last year's Chainalysis report showed that cryptocurrency issuance was lower than last year, accounting for just 0.34% of the total cryptocurrency market. In comparison, between 2% and 5% ($ 1.6 trillion) of annual global GDP is affected by the economic downturn and corruption. (Amcrypto)