HCONRES 88 United States House · 118th Congress

Expressing the sense of Congress that the Secretary of State in coordination with the Secretary of the Treasury should investigate the use of cryptocurrencies by Hamas (also known as Harakat al-Muqawama al-Islamiya), and whether any cryptocurrencies were exchanged between Hamas and the United Nations Relief and Works Agency.

HCONRES 88 is a non-binding congressional resolution directing the State Department and Treasury to investigate two specific matters: (1) whether Hamas uses cryptocurrencies, and (2) whether Hamas exchanged cryptocurrencies with the UN Relief and Works Agency (UNRWA). It does not create new law but formally expresses Congress's position on these investigations. The resolution specifically targets cryptocurrency transactions involving Hamas (also known as Harakat al-Muqawama al-Islamiya) and its potential dealings with UNRWA. This resolution affects the State Department and Treasury, requiring them to coordinate this inquiry. It focuses solely on fact-finding about cryptocurrency use, not on policy changes or sanctions.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2024
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Introduced Feb 6, 2024 Last action Feb 6, 2024
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Feb 6, 2024
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Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Feb 6, 2024
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Photo of Tim Burchett
Tim Burchett
RRepublican
TN
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