List of Flash News about Foreign Terrorist Organization designation
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2025-11-24 22:07 |
White House Moves to Designate Muslim Brotherhood Entities as Foreign Terrorist Organizations: 3 Key Compliance Triggers Traders Must Watch
According to @WhiteHouse, President Trump has initiated the process to designate certain Muslim Brotherhood entities as Foreign Terrorist Organizations, signaling an impending U.S. counterterrorism action. Source: The White House official statement via Twitter on Nov 24, 2025. FTO designation, once finalized, makes it unlawful to provide material support and requires U.S. financial institutions to retain control of funds in which a designated group has an interest and report to Treasury, which typically tightens AML and CFT screening for banks and virtual asset service providers. Source: U.S. Department of State Foreign Terrorist Organizations overview; 18 U.S.C. §2339B; 8 U.S.C. §1189; U.S. Department of the Treasury guidance including FinCEN and OFAC materials on virtual currency and sanctions compliance. For traders, the next catalyst is the State Department’s formal designation notice in the Federal Register and any parallel Treasury enforcement steps, as these trigger immediate list-screening updates at exchanges, payment processors, and custodians. Source: U.S. Department of State designation process; U.S. Department of the Treasury compliance requirements. No specific entities or sanctions details were identified in the White House post, so near-term impact centers on compliance risk repricing rather than confirmed restrictions. Source: The White House official statement via Twitter on Nov 24, 2025. |