Thursday, September 29, 2022

Terrorists Being Rewarded In Bitcoins For Killing, Says Indian MEA

S. Jaishankar, the External Affairs Minister (MEA) of India, on Thursday, addressed the United Nations Security Council (UNSC) and stated that the financial resource collection of ISIS has become robust in the recent time period. He further emphasized that the terror group has been receiving funds and rewards for killing in fiat currency as well as in cryptocurrency (Bitcoin).

While talking about ‘international peace and security’ at the UNSC briefing, Jaishankar stated that the Secretary-General believes, ISIS is still a threat to international peace and security.

“ISIL (Daesh) remains active in Syria and Iraq and its affiliates are growing in strength, particularly in Africa. The financial resource mobilization of ISIL (Daesh) has become more robust. The flow of funds has continued and rewards for killings are now even being paid in Bitcoins!” he said.

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The Indian MEA further stated that the terrorist group is using a systematic online propaganda campaign, which has been a serious concern for quite a long time, to radicalized vulnerable youths around the world.

Presently, the main focus of ISIS is on Syria and Iraq, due to which the organization has changed its operation method.

Jaishankar said, “This evolving phenomenon is extremely dangerous and poses a new set of challenges to our collective efforts in our fight against ISIL and terrorism. Let us always remember that what is true of Covid is even more true of terrorism: none of us are safe until all of us are safe.”

Following, he said that India has always been at forefront of global counter-terrorism efforts. The country has always participated in all kinds of initiatives against global terrorism, also it is a party to all United Nations’ sectoral conventions related to terrorism.

The External Affair Minister of India further informed, “We were pleased to play our role in strengthening the Global Counter-Terrorism Strategy adopted last month. We reiterate our full support for counter-terrorism cooperation under the auspices of the UN.”

Jaishankar also presented the eight-point plan against terrorism, which included summoning of the political will and refraining from justifying or glorifying terrorism. 

“No double standards. Terrorists are terrorists; distinctions are made only at our own peril. Don’t place blocks and holds on listing requests without any reason, discourage exclusivist thinking and be on guard against new terminologies and false priorities,” he said.

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