Another crypto firm hit with fines for violating U.S. sanctions
February 18, 2021
Crypto Nanobot
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BitPay apparently screened merchants but not customers. 2312 Total views 10 Total shares BitPay will have to pay the U.S. Treasury’s Office of Foreign Asset Control over half a million dollars for crypto services to sanctioned regions. In a Feb. 18 announcement of the settlement, OFAC said that BitPay had facilitated “approximately $129,000 worth of digital […]
