- Cryptocurrency brings rising international risks
- Digital currencies and money laundering
- Anti-corruption and state-sponsored ICOs
- A view from OFAC on digital currencies and potential sanctions violations
Law360, Expert Analysis: As digital currencies continue to evolve on the international platform, the anonymous and decentralized nature of the cryptocurrency transactions could present a number of potential violations of US anti-corruption, sanctions and anti-money laundering laws. Ryan Rohlfsen, Brendan Hanifin, Patrick Reinikainen and Ethan Thomas at Ropes & Gray consider how regulators may address the international risks associated with digital currency transactions that often span international borders and explain why companies are well-advised to develop, implement and maintain thorough compliance policies and procedures that take into account the potential for such abuses.
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