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1997-11-22 - Re: export restictions and investments

Header Data

From: Steve Schear <schear@lvdi.net>
To: Rich Salz <jk@stallion.ee
Message Hash: da43d8b820023e98a311f75a7fe3a88a36f048e6899170c262d4649541b642ab
Message ID: <v03102805b09a12b18b3b@[208.129.55.202]>
Reply To: <199711190359.WAA10764@sulphur.osf.org>
UTC Datetime: 1997-11-22 03:15:34 UTC
Raw Date: Sat, 22 Nov 1997 11:15:34 +0800

Raw message

From: Steve Schear <schear@lvdi.net>
Date: Sat, 22 Nov 1997 11:15:34 +0800
To: Rich Salz <jk@stallion.ee
Subject: Re: export restictions and investments
In-Reply-To: <199711190359.WAA10764@sulphur.osf.org>
Message-ID: <v03102805b09a12b18b3b@[208.129.55.202]>
MIME-Version: 1.0
Content-Type: text/plain



At 10:59 PM -0500 11/18/1997, Rich Salz wrote:
>>How do the US export restrictions affect investments into non-US crypto
>>companies? Is it legal for US private persons or companies to invest
>>money into companies developing strong crypto applications for example in
>>Europe? 
>
>We got an official legal opinion, which was that wholly-owned subsidiaries
>of US entities are subject to US regulations in this area.

Does that equally apply to foreign corporations owned partially or fully by U.S. citizens, as is the case I believe for C2's Anguillan corporation?

--Steve

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