Digital finance and cryptocurrencies pose material sanction risk to institutional digital asset custody, trading, and finance companies as those are generally weak in speed of the market to prevent companies and entities in sanctioned jurisdictions.
Should the use of cryptocurrency to avoid sanctions designed to isolation and to facilitate illicit activities many OFAC will probably announce complex sanctions regimes and continue to enforce actions against individuals and entities.
Our upcoming webinar will be focusing on OFAC regimes, recent developments, risk, and compliance on sanctions to coinbase transactions and digital assets.
Date: 29 April 2021
Time: 11:00 - 12:00, Istanbul (GTM+3)