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OFACSanctions / OFACSeptember 30, 2026

OFAC Publishes Seven Updated Venezuela General Licenses

OFAC has formally published seven general licenses — GLs 46C, 47A, 48B, 50B, 51B, 52A, and 54A — under the Venezuela Sanctions Regulations, entering them into the official regulatory record. Each GL defines specific categories of otherwise-prohibited transactions that are permitted, and the updated version letters (e.g., "C," "A," "B") signal that prior versions have been superseded. Crypto exchanges, MSBs, and payment processors handling Venezuela-related transactions must confirm they are operating under the current GL versions.

What to do

  • Retrieve all seven updated GLs from OFAC's Venezuela sanctions page, compare them to any prior versions currently referenced in your compliance policies, and revise procedures and training materials to reflect the superseding terms.

Who this affects

Crypto ExchangeMoney Services BusinessPayments CompanyBank / Credit UnionCrypto Custodian

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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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