ChainCatcher message, the Hong Kong Securities and Futures Commission has issued a circular to licensed corporations, virtual asset service providers, and associated entities regarding the fight against money laundering/terrorist financing, which points out that the United Nations Security Council (UNSC) committee responsible for managing the sanctions regime against the Islamic State (ISIS) and Al-Qaeda removed an individual from its sanctions list on August 23, 2024 (New York time).Licensed corporations, licensed virtual asset service providers, and associated entities should update their screening databases regarding the aforementioned changes made by the UNSC sanctions committee to conduct sanctions screening on customers and payments.

ChainCatcher news, according to Coindesk, U.S. Deputy Treasury Secretary Wally Adeyemo delivered a speech at a Blockchain Association event in Washington, issuing a broad warning about illegal financing in the crypto industry. Wally Adeyemo stated, "We cannot allow dollar-backed stablecoin providers outside of the United States to have the privilege of using our currency without the responsibility to implement procedures to prevent terrorists from abusing their platforms."

According to Chain Catcher news and the Wall Street Journal, the NFT "IS-NEWS #01" created by supporters of ISIS terrorists has raised concerns among U.S. security officials, as they can use NFTs to raise funds and cannot be removed from the blockchain. Analysts who studied the NFT indicated that ISIS supporters might attempt to test whether they can evade regulatory authorities and whether legitimate NFT markets will remove content or restrict its availability. Currently, OpenSea has removed the NFT from its website and closed the publisher's account. (Source link)