OFAC Publishes Cyber-Related Sanctions General License 2 in Federal Register
OFAC has formally published General License 2 under the Cyber-Related Sanctions Regulations, which was previously available only on OFAC's website. This GL authorizes certain activities that would otherwise be prohibited under the cyber-related sanctions program, and its Federal Register publication provides official legal notice. Crypto firms, exchanges, and cybersecurity-adjacent fintech companies operating near sanctioned cyber actors should review the GL's scope and conditions to confirm any reliance on it is permissible.
What to do
- Review the text of Cyber-Related Sanctions Regulations General License 2 to determine whether any of your firm's activities fall within its scope and update your sanctions compliance policies to reference the now-published GL.
Who this affects
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Source
Read the official publicationThis 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.