Mossad, Israel’s national intelligence agency, is seeking experts in crypto and financial technologies.
According to local media, Mossad is on a hunt for professionals in the field of crypto and fintech. The reason is supposedly so that it can use cryptocurrencies for anonymous payment to its agents and purchase equipment.
Mossad has posted a job listing seeking experts in the world of fintech and digital currencies. According to the description, the candidate should have “in-depth technological understanding and expertise in the world of fintech, e-commerce, DEF, and digital currencies.” The candidate must also have 3 years of experience in the world of financial technologies.
The news was revealed by Israel’s leading media outlet, Ynet, on August 8. This is for the first time that the institution is open about looking for a person with expertise in cryptocurrencies. The role particularly specifies that it includes “leading, initiating, planning and accompanying systems development activities.”
Mossad is responsible for intelligence collection, covert operations, and counter-terrorism in Israel so a move into crypto stands to reason.
The use of cryptocurrencies for anonymous payments is exactly what most countries, predominantly the U.S., have been trying to achieve.
Bitcoin (BTC), which touched $45k again this weekend, would not be suitable for this. Monero would be a better fit since it has these features built into blockchain.
Much of the Israeli state’s recent crypto-related involvement has been centered on Bitcoin (BTC) and other cryptocurrencies’ popularity with the militant wing of Hamas, the de facto ruling authority of the Gaza strip in Palestine.
Last month, Israel’s National Bureau for Counter Terror Financing had ordered the confiscation of 84 crypto addresses considered to be linked with the terrorist organization Hamas.
Analysis revealed that the Islamic terrorist group used numerous cryptocurrencies including Tether, Bitcoin, Ethereum, Dogecoin, and others, with wallets in receipt of more than $7.7 million in crypto assets.