US settles with BitPay for apparent sanctions breaches
US settles with BitPay for apparent sanctions breaches Toggle share menu Advertisement US settles with BitPay for apparent sanctions breaches BitPay, one of the biggest cryptocurrency payment processors, will pay US$507,375 to settle its potential civil liability for apparent violations of U.S. sanctions on countries like Cuba, North Korea and Iran, the U.S. Treasury Department said. FILE PHOTO: A woman explains how bitpay, a company designed to help companies use virtual currency, to an attendee during the "Inside Bitcoins: The Future of Virtua...
Source: channelnewsasia.com