Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore
![](https://members.arcrypto.io/wp-content/uploads/2024/07/G7JM5CKOEFABLDR64RUAJSV5FI-r73vEG.jpeg)
Singapore’s government noted an increasing use of cryptocurrencies in terror financing, even though it acknowledges that cash and other informal value transfer systems remain the predominant means for financial transactions.Singapore’s government noted an increasing use of cryptocurrencies in terror financing, even though it acknowledges that cash and other informal value transfer systems remain the predominant means for financial transactions.