Qatar to recognize Bitcoin to cover up terror finance: Qatari Leaks
Qatari Leaks, a platform specialized in exposing Doha's strategies to support terrorism, said that virtual currencies are untrackable so it can be used to finance terrorism without any financial control. Therefore, the world has been fighting virtual currencies, because it has a very negative impact on the international economy.
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator.
Qatari banks have been suffering from accumulated foreign debts amounting to QR 177.3b since the start of the Gulf crisis in June 2017.
Qatar’s relations with several Arab states have been strained since May 24 over a leaked statement attributed to Qatari Emir Sheikh Tamim bin Hamad, criticizing the Gulf’s foreign policy with Iran, describing it as “unwise”.
On June 5, Qatar was hit by its biggest diplomatic crisis in years after multiple Arab nations, including Egypt, Saudi Arabia, the U.A.E. and Bahrain cut diplomatic ties with Doha and imposed economic sanctions, accusing it of funding terrorism, a claim Qatar rejects. The Arab Quartet halted all land, air and sea traffic to and from Qatar and withdrew their diplomats and ambassadors from the country.
The Arab quartet issued 13 demands to Doha – then shortened them to six principles - which included closing Al-Jazeera television, curbing relations with Iran and shutting a Turkish military base.
انتحار اقتصادي لـ #عصابة_الدوحة.. #قطر تدرس استخدام #البيتكوين كعملة رسمية في خطوة تضع الاقتصاد القطري في مأزق مقاطعة الاقتصاديات الكبرى التي ترفض العملة الافتراضية.. يمكن استخدامها وسيلة لتمويل الإرهاب دون إمكانية تعقبها. #قطريليكس#كفى_يا_قطر#فساد_قطر#قطر_تدعم_الإرهاب pic.twitter.com/uvftS9USOv— قطريليكس QatariLeaks (@qatarileaks) January 28, 2018