OFACSanctions / OFACOctober 7, 2026

OFAC Adds New Names to the SDN List — Immediate Screening Required

OFAC has designated one or more persons to the Specially Designated Nationals and Blocked Persons List, blocking all property and interests in property subject to U.S. jurisdiction and prohibiting U.S. persons from transacting with them. Any crypto or fintech firm that has not yet screened its customer base and transaction counterparties against this updated list may be at risk of sanctions violations.

What to do

Immediately re-screen all customers, counterparties, and wallet addresses against the updated SDN List and block or freeze any matches pending further review.

Who this affects

Crypto ExchangeCrypto CustodianWallet ProviderMoney Services BusinessPayments CompanyFintech / NeobankBank / Credit UnionTrust CompanyBroker-Dealer / RIA

Does this affect your program?

Pick your institution type for an instant read on whether you're in scope — then see exactly which sections of your own policies this changes.

Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

Related developments

OFAC

OFAC Adds New Individuals/Entities to SDN List, Blocks Vessels

OFAC has added one or more persons and associated vessels to the Specially Designated Nationals (SDN) List, meaning all U.S. persons and entities are prohibited from transacting with them and must block any property or interests subject to U.S. jurisdiction. Crypto exchanges, custodians, and payment processors must screen these new designations immediately, as facilitating transactions with SDNs — including through digital assets — carries severe civil and criminal penalties.

OFAC

OFAC Publishes Updated Iran Sector Determination Under 2020 Executive Order

OFAC has formally published in the Federal Register a sector determination under the January 2020 Iran-related Executive Order, which authorizes broad secondary sanctions on designated sectors of the Iranian economy. Compliance officers should review the determination to confirm whether any newly covered sectors affect their customers, counterparties, or transaction flows. Crypto firms are particularly exposed given Iran's documented use of digital assets to evade sanctions.

OFAC

OFAC Publishes New Venezuela General License 60 in Federal Register

OFAC has formally published General License 60 under the Venezuela Sanctions Regulations, making it part of the official Federal Register record after it was previously available only on OFAC's website. General licenses can authorize specific categories of transactions that would otherwise be prohibited, and any firm with exposure to Venezuela-related activity — including crypto transactions — must understand what GL 60 permits and its conditions. Compliance officers should update their sanctions screening procedures and customer guidance accordingly.

OFAC

OFAC Updates SDN List: One Person Unblocked, Identifying Info Revised

OFAC has removed at least one individual or entity from the SDN List and updated identifying information for one or more currently blocked persons. Compliance teams must refresh their screening databases immediately to avoid false positives on removed parties and ensure updated identifiers are captured for still-blocked parties.

Stay ahead of every rule change

PliOS monitors FinCEN, OCC, OFAC, the SEC and CFTC and tells you which of your policies each new rule affects — with the edit already drafted. Start free.

Run My Free Assessment