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Re: export restictions and investments
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In <Pine.GSO.3.95.971118144118.21511I-100000@nebula>, on 11/18/97
at 02:44 PM, Jyri Kaljundi <[email protected]> said:
>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?
>Since Sun bought the Russian Elvis+ company it seems to be Ok, just
>wanted to check if there are any other opinions. Does anyone know of any
>other non-US companies that have received US investments, or venture
>capital or whatever?
AFAIK there is no restrictions on US citizens investing in foreign
companies. The only restrictions that I know of deal with the exchange of
crypto technical information (IE a US company can not buy into a foreign
company and then ship their crypto through them.) All crypto sales done by
the foreign company must be developed independently of the US company.
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