The month-long project will test the use of digital currency to support local businesses during a peak tourist event in the city.
In recent weeks Hamas has changed the donation mechanism, with its website generating a new digital wallet with every transaction.
Bitcoin surged to near $20,000 in late 2017, the peak of a bubble driven by retail investors that pushed cryptocurrencies onto the agenda of mainstream financial firms.
US banned transactions with terrorist organizations in 1995 Counter-Terrorism Act.
A cryptocurrency transaction may lead to involuntary tax noncompliance.
Israel’s Finance Ministry and the Bank of Israel have toyed with the idea of developing a state-backed cryptocurrency to help the state fight against tax evasion.
VeganNation strives to be first decentralized nation for vegans.
"It does create a rising price, creates more buyers ... If you don't understand it, you get much more excited," Buffett said on CNBC television. "People like to speculate, they like to gamble."
The Israeli start-up develops and provides solutions for making cryptocurrencies accessible.
Cryptocurrency is a force to be reckoned with and will become an integral part of our lives in the years to come.