Matt McGuire, Practice Director, from The AML Shop recently participated in a Webinar that discussed Sanctions, US law and the impacts on crypto business. Watch the video recording below from the Canadian Blockchain Consortium.
About the Webinar:
With the rapid adoption of cryptocurrencies like Bitcoin, compliance is taking centre stage - and many custodians and digital asset platforms are falling short. In particular, failure to comply with Know-Your-Client regulations and investment restrictions applied by the United States government can have a massive impact and result in major fines for digital asset companies. Discover in this insightful Canadian Blockchain Consortium seminar ways that the laws enforced by the Office of Foreign Assets Control impact digital currency investment and restrict client jurisdictions and strategies for keeping aware and compliant.