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Expert Analysis - Opinion

OFAC Digital Currency Plan Will Hurt Business, Not Terrorists

By Clif Burns ( May 24, 2018, 8:42 PM BST) -- As technology advances rapidly, government agencies have an increasingly difficult time understanding and regulating these new technologies. One example is the U.S. Department of Treasury's Office of Foreign Assets Control, which has struggled with the regulation of cryptocurrencies like bitcoin or more recently nation-state cryptocurrencies, like the Venezuelan Petros, intended to make an end run around U.S. economic sanctions....

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