U.S.-based cryptocurrency exchange Kraken has agreed to pay over US$362,000 to settle claims that it violated sanctions against Iran, the U.S. Treasury Department announced on Monday. The settlement represents the Treasury’s latest crackdown on the cryptocurrency industry. Crypto exchange Bittrex Inc. paid around US$30 million to the Treasury in October to settle allegations related to sanctions and anti-money laundering laws. (forkast)
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Kraken Pays Over US$360K to US Treasury to Settle Iran Sanctions Allegations
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Cointime August 4 News Express
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