This is a summary of CRCL's Recommendation Memorandum to CBP about the consideration of convertible virtual currencies in financial solvency determinations. CBP partially concurred with all four of CRCL’s recommendations.
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Summary of CRCL’s Recommendations and CBP’s Response: Convertible Virtual Currency in Financial Solvency Determinations (January 30, 2024) | 200.46 KB | 01/30/2024 |