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6:49
YouTube
Import Export License
Incoterms Explained | A complete guide for beginners. EXW/FCA/CPT/CIP/DAP/DPU/FAS/FOB/CFR
Incoterms, short for International Commercial Terms, were first introduced to global trade in 1936 to grease the wheels of commerce. They do so by stipulating where sellers hand over risk, responsibility and cost of fulfilling a shipment to their buyers. Incoterms are revised every ten years and the ICC (International Chamber of Commerce) has ...
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So, even in those countries who approved crypto, there is a tight regulation around it. For example, in the USA, a federal agency called United States Financial Crimes Enforcement Network (FinCEN) has been giving guidance about Bitcoin since 2013. 7 7 The US government classified all entities that exchange or administer Bitcoin as money service businesses #and they are required to register with the treasury, file transaction reports above $10,000 @ and are subject to the Bank Secrecy Act (BSA).
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