Terrorist Financing Targeting Center Hosts Information Sharing Session and Workshop on Emerging Technologies and Digital Assets
The Terrorist Financing Targeting Center (TFTC) hosted a series of meetings last month focused on countering terrorists’ use of digital assets.
On February 24, the TFTC held its first Executive Committee Meeting, where member states discussed their priorities for the year and the importance of joint designations. The TFTC Co-Chairs from Saudi Arabia and the United States emphasized the growing interest in digital transformation of the financial sector and associated risks and reaffirmed a collective commitment to the TFTC’s three primary lines of effort. The TFTC also hosted an information sharing session on efforts to counter terrorists’ use of digital assets.
On February 26, the TFTC hosted its first workshop of 2025 in Muscat, Oman, focused on emerging technologies and virtual assets. Over 100 attendees from the public and private sectors, along with independent experts, discussed case studies, substantive typologies, and other research findings related to digital assets and other emerging technologies. The workshop included presentations from the U.S. Department of the Treasury, Oman’s National Centre for Financial Information, the Central Bank of Oman, and TRM Labs.
On February 27, the TFTC convened the first TFTC Fellowship session of 2025, which included presentations from Treasury officials, Bahrain’s Financial Intelligence National Centre, Qatar’s Central Bank, and the United Nations Office of Counterterrorism.
The TFTC continues to prioritize building a shared understanding of the terrorist financing risks associated with certain industries and collaborative opportunities for Member States to learn from one another in a constantly shifting, and often challenging, counter-terrorist financing environment.
