BitPay settlement
The US Treasury’s Office of Foreign Assets Control (“OFAC”) has announced a $507,375 civil settlement with BitPay, Inc. It is the second online payments company to settle apparent violations of multiple sanctions programs related to digital currency transactions, following a $98,830 settlement with Bitgo in December 2020.
More EU vaccine exports troubles
The European Union is planning to extend its export authorization scheme for Covid-19 vaccines to the end of June. ...
Continue reading
SUBSCRIBED FEATURES
- Export Compliance Manager Tackles the issues and challenges that keep trade compliance professionals awake at night... with insight and with solutions.
- Export Compliance Manager Shares the know-how of experienced professionals, keeping its readers on top of developing best practice in trade compliance AND helping to deliver real commercial advantage.
- Export Compliance Manager Celebrates the valuable contribution of trade compliance professionals to their companies, communities and to international security.