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February 9th – At a regular press conference on February 9th, Foreign Ministry Spokesperson Lin Jian addressed a reporters question regarding the Japanese House of Representatives election. Lin Jian stated that China urges the ruling Japanese authorities to face up to, rather than ignore, the concerns of the international community, and to follow the path of peaceful development rather than repeating the mistakes of militarism. He stressed the need to abide by the four political documents between China and Japan, rather than betray them. He asserted that if the far-right forces in Japan misjudge the situation and act recklessly, they will inevitably face resistance from the Japanese people and a strong counterattack from the international community. Chinas policy towards Japan remains stable and consistent and will not change due to any single Japanese election. He reiterated Chinas urging to Japan to retract its erroneous remarks regarding Taiwan made by Kaohsiung City and demonstrate its basic sincerity in upholding the political foundation of China-Japan relations through concrete actions.February 9th - Data from the Comprehensive Transportation Spring Festival Travel Rush Task Force shows that on February 8th, 2026 (the 7th day of the Spring Festival travel rush, the 21st day of the twelfth lunar month, Sunday), the total cross-regional passenger flow reached 227.713 million person-times, an increase of 2.3% compared to the previous day and 2.3% compared to the same period in 2025 (Monday). Among them, railway passenger volume was 13.442 million person-times, a decrease of 2.7% compared to the previous day and 1.1% compared to the same period in 2025.According to TASS, Russian Foreign Minister Lavrov stated that Russia remains open to cooperation with the United States, but it is the United States itself that is creating artificial obstacles.February 9th Futures News: On February 9th, the Shanghai Futures Exchanges energy and chemical warehouse receipts and changes are as follows: 1. Pulp futures warehouse receipts: 131,447 tons, unchanged from the previous trading day; 2. Pulp futures mill warehouse receipts: 15,000 tons, unchanged from the previous trading day; 3. Offset paper futures warehouse receipts: 0 tons, unchanged from the previous trading day; 4. Offset paper futures mill warehouse receipts: 3,880 tons, unchanged from the previous trading day; 5. Fuel oil futures warehouse receipts: 0 tons, unchanged from the previous trading day. 6. Petroleum asphalt futures warehouse receipts: 13,580 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 26,490 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 3,464,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 23,140 tons, unchanged from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.February 9th, Futures News: As of 15:00 Beijing time, spot platinum rose 0.50%, and spot palladium rose 3.81%.

Crypto exchange Bittrex to pay $29-million penalty to U.S. Treasury Department

Skylar Shaw

Oct 12, 2022 15:14

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The cryptocurrency exchange Bittrex Inc. agreed to pay $29 million in penalties for "apparent breaches" of laws against money laundering and sanctions on certain nations, according to the U.S. Treasury Department on Tuesday.


Bittrex has been fined by the Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN) of the Treasury Department, respectively, in amounts of $24 million and $29 million.


However, the settlement stipulates that FinCEN would send $24 million to OFAC after receiving $29 million from Bittrex since some of the breaches are related to the "same underlying behavior" that is the subject of the OFAC investigation.


In reality, Bittrex will have to pay a $29 million fine.


Between March 2014 and December 2017, according to OFAC, Bittrex failed to stop users from accessing its platform from locations in the countries that have been designated as having sanctions, including Cuba, Iran, Sudan, and Syria.


According to FinCEN, their examination revealed that Bittrex did not maintain a successful anti-money laundering program between February 2014 and December 2018.


The report said, "Bittrex's AML policy failed to adequately address the risks connected with the goods and services it provided, particularly cryptocurrencies with greater anonymity.


As the use of cryptocurrencies and other digital assets has increased over the last few years and as they become more entwined with the regulated financial system, authorities are now responsible for assessing risks in a mostly unregulated industry.


Bittrex expressed its "pleasure to have completely addressed" the issue with OFAC and FinCEN on mutually agreed terms in an email statement to Reuters.

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