As financial technologies companies expand operations across borders, understanding the sanctions regimes of both the United States and South Korea becomes essential. The U.S. Treasury Department’s Office of Foreign Assets...more
2/14/2025
/ AML/CFT ,
Anti-Money Laundering ,
Compliance ,
Economic Sanctions ,
Financial Crimes ,
FinTech ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Requirements ,
Risk Management ,
SDN List ,
South Korea ,
U.S. Treasury
On January 13, 2025, the U.S. Court of Appeals for the Third Circuit issued a pivotal ruling, directing the Securities and Exchange Commission (“SEC”) to provide a more detailed explanation for its denial of Coinbase Global...more
The regulation of digital assets, including cryptocurrencies and video game payment mechanisms, has long been a gray area. Regulatory agencies have struggled to define the extent of their jurisdiction over these rapidly...more
The Digital Operational Resilience Act (“DORA”), an EU regulation designed to bolster the resilience of financial entities against Information and Communications Technology (“ICT”) risks, entered into force on January 16,...more