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Code · BILL · 117th Congress · S. 4824 (Introduced in Senate) — To provide for proper oversight of North Korea policy, and for other purposes. · Sec. 11

Sec. 11. Imposition of sanctions with respect to use of cryptocurrency to evade sanctions imposed with respect to North Korea and abduction by North Korean persons of citizens of Japan

131 words·~1 min read·/bill/117/s/4824/is/section-11

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Section 104(a) of the North Korea Sanctions and Policy Enhancement Act of 2016 ( 22 U.S.C. 9214(a) ) is amended— in paragraph (14), by striking ; or and inserting a semicolon; by redesignating paragraph
(15)as paragraph (17); by inserting after paragraph
(14)the following: knowingly uses or has used, or directly facilitates or has directly facilitated the use of, cryptocurrency, a digital currency, or a comparable monetary instrument to evade sanctions with respect to North Korea imposed by the United States or pursuant to an applicable United Nations Security Council resolution; is a North Korean person and knowingly participated in or facilitated the abduction of a citizen of Japan; or ; and in paragraph (17), as redesignated by paragraph
(2)of this section, by striking
(14)and inserting
(16).
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Sec. 11
Imposition of sanctions with respect to use of cryptocurrency to evade sanctions imposed with respect to North Korea and abduction by North Korean persons of citizens of Japan
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