Cryptography allows for the protection of sensitive information, either in storage or in communication, and is a necessary feature of any financial firm. When operating overseas companies face a range of regulations and restrictions on the use of cryptography._x000D_
These regulations create immense difficulties for firms attempting to operate overseas, especially where prohibitions on the use of encryption force them to put their intellectual property at risk of compromise._x000D_
Additionally, the United States places restrictions on the export of encryption technology, and these restrictions can place companies operating overseas at risk of severe penalties if cryptography systems are exported to prohibited countries or entities._x000D_
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