OFACSanctions / OFACMay 7, 2026

OFAC Formally Publishes Global Terrorism & Illicit Drug Trade Sanctions General License 34

OFAC has formally published General License 34 under the Global Terrorism Sanctions Regulations and the Illicit Drug Trade Sanctions Regulations in the Federal Register. These sanctions programs are high-risk for crypto and payments firms, and compliance teams should review GL 34 to understand any permitted activities and adjust controls accordingly.

What to do

Review the full text of GL 34 under the Global Terrorism and Illicit Drug Trade sanctions programs and update your sanctions compliance policies and customer risk assessments to reflect the formally published authorization.

Who this affects

Crypto ExchangeCrypto CustodianWallet ProviderMoney Services BusinessPayments CompanyFintech / NeobankBank / Credit UnionBroker-Dealer / RIATrust Company

Does this affect your program?

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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.

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