Anti-Financial Crime & Financial Crime Compliance
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Compliance News, Crypto, North America

AMLi NEWS UPDATE: American crypto payments company BitPay pays $500,000 after violating US sanctions; ‘they knew what they were doing,’ says OFAC

By Vish Gain for AMLi

AMERICAN CRYPTO COMPANY BitPay has agreed to pay the US Government $507,375 to settle a civil liability case involving over 2100 violations of US sanctions programs.

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