Impact of Hamas and Israel ceasefire on crypto market
As of January 15, 2025, Israel and Hamas have agreed to a ceasefire in Gaza after 15 months of conflict. The agreement includes a 42-day truce and the release of over 33 Israeli hostages in exchange for hundreds of Palestinian prisoners. This ceasefire aims to facilitate further negotiations for the release of remaining hostages and address humanitarian concerns in Gaza. 
Regarding cryptocurrency, Hamas has previously utilized digital currencies to fund its operations. The U.S. Department of the Treasury has sanctioned individuals and entities associated with Hamas’s financial activities, including those involving virtual currency exchanges. 
While the ceasefire addresses immediate hostilities and humanitarian issues, it does not specifically pertain to the use of cryptocurrency by Hamas or Israel. However, international efforts to monitor and restrict illicit financial activities, including those involving cryptocurrencies, are ongoing.