17 Dec
2003
17 Dec
'03
11:17 p.m.
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