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NEWS FLASH

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. ...

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