Overview
David Stetson, Evan Abrams, Andrew Adams, and Sophia Breggia authored a chapter that appeared in Global Legal Insights' publication Blockchain & Cryptocurrency Laws and Regulations 2025 titled "OFAC Sanctions and Digital Assets: Regulation, Compliance, and Recent Developments." The chapter discusses the increasing importance of economic sanctions as a US foreign policy tool and their specific application to the digital asset industry. It highlights the clarity regulators and courts have provided regarding the applicability of sanctions laws to digital assets while acknowledging the ongoing questions and compliance challenges unique to blockchain technology. Additionally, the chapter offers a high-level background on US economic sanctions, summarizes key enforcement actions within the digital asset sector, and outlines compliance expectations and challenges faced by the industry.
Read "OFAC Sanctions and Digital Assets: Regulation, Compliance, and Recent Developments" at Global Legal Insights (subscription may be required).