'This comes out of concern about the safety of donors and to spare them any harm,' says the terror group.

The terrorist organization that rules the Gaza Strip is said to be trying to rebuild its military arm, while bypassing the conventional banking system.

As one of the world's leading cyber-pioneers, Israel may be one of the first nations to introduce a cryptocurrency exchange to regulate the use and trading of virtual currency.

Hamas and other Gaza-based terror groups have recently launched a campaign to solicit donations in Bitcoin, which is nearly impossible to trace.

In a first for the Jewish state, a rising Israeli tech mogul made a major real estate purchase in Tel Aviv using cryptocurrency.

Israeli company Papaya Global offers its multinational clients the opportunity to pay part of their employees' salaries in cryptocurrency.

“Israel is a leader in cyber and now blockchain technology with a long history of innovation in start-up R&D."