OFACSanctions / OFACJune 10, 2026

OFAC Publishes Venezuela General Licenses 5U and 5V in Federal Register

OFAC has formally published General Licenses 5U and 5V under the Venezuela Sanctions Regulations, which were previously available only on OFAC's website. These licenses authorize certain transactions that would otherwise be prohibited under Venezuela sanctions. Firms handling payments, crypto transactions, or financial services with any Venezuela nexus should review these GLs to understand the scope of permitted activity.

What to do

Review GLs 5U and 5V under the Venezuela Sanctions Regulations, update internal sanctions policies and screening procedures to reflect the formally published authorizations, and brief relevant compliance staff on any newly clarified permitted transactions.

Who this affects

Crypto ExchangeCrypto CustodianMoney Services BusinessBank / Credit UnionPayments CompanyFintech / NeobankTrust CompanyBroker-Dealer / RIA

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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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