September 23, 2021


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Terror’s bitcoin connection… Jaishankar said, ISIS has strengthened, giving money for killings in virtual currency too


United Nations
Terrorists are not behind in adopting new methods. His roots are getting deeper. They are even transacting in the virtual currency bitcoin. The mention of bitcoin connection with panic on Thursday External Affairs Minister S Jaishankar did. He told the United Nations Security Council (UNSC) meeting that ISIS’s financial resource mobilization has become more robust.

Jaishankar said that the flow of money is going on for this dreaded terrorist group. Rewards for killings are now being offered in bitcoin as well. He was presiding over a discussion at the UNSC on ‘threats to international peace and security due to terrorist activities’. Jaishankar said the Secretary-General’s latest report has reminded that ISIS continues to be a serious threat to international peace and security.

“ISIL (Daesh) is active in Syria and Iraq and its allies are growing in strength,” he said. Their power is increasing especially in Africa. ISIL’s (Daesh) financial resource mobilization has become more robust. The money continues to flow and the rewards for the murders are now being given in bitcoin too!’

Terrorists are supported by Pakistan, Foreign Minister Jaishankar said in UNSC, terrorist organizations like Lashkar-Jaish are running their activities fearlessly
Jaishankar said that radicalization of youth through systematic online campaigns remains a matter of grave concern. He said the modus operandi of ISIS has changed, focusing primarily on its allies operating independently and gaining ground in Syria and Iraq.

‚ÄúThis emerging situation is extremely dangerous. There is a new challenge to our collective efforts in our fight against ISIL and terrorism. He cautioned, ‘We should always remember that what is true about Kovid is even more true about terrorism. None of us is safe until we are all safe.’

Jaishankar outlined an eight-point action plan to collectively eliminate the scourge of terrorism. This includes invoking political will and refraining from justifying or glorifying terrorism. “No double standards,” he said. Terrorists are terrorists.

India’s advice from UNSC’s forum – countries should not create hurdles on proposals to declare China as terrorist
Jaishankar said that recognize the association with organized crime. “Continue to support and strengthen the Financial Action Task Force (FATF) and provide more funding to the United Nations Office on Counter-Terrorism,” he said. Jaishankar called on the UN Security Council to act collectively on these principles.

The External Affairs Minister said that India has been at the forefront of global counter-terrorism efforts. It has participated in all major global initiatives against international terrorism. It is a party to all UN regional conventions on terrorism.

“We are playing our part in strengthening the global counter-terrorism strategy adopted last month,” he said. We reiterate our full support for counter-terrorism cooperation under the auspices of the United Nations.

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