#Glossary: The International Emergency Economic Powers Act | Crypto 101

#Glossary:

The International Emergency Economic Powers Act (IEEPA):
A regulation pact which grants executive authority over emergencies during peace-time.

The IEEPA grants the president broad powers to investigate, regulate, or block economic activities involving foreign entities. The Act applies to nearly any transaction involving foreign nationals, governments, or businesses that falls under US jurisdiction.

Violating sanctions issued under the IEEPA carries steep civil and criminal implications.

@Crypto101_en