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Sanctions

The Sanctions Working group is working on industry-agency engagement on sanctions compliance in the crypto and digital asset industry. The group was launched after the GDF Emergency Summit on Sanctions, where speakers highlighted the need for industry and regulators and policymakers to work collaboratively to ensure that crypto networks are not misused for sanctions evasion.

The group’s priorities include:

  • Further developing the GDF Sanctions Hub, a central resource of guidance and toolkits for the industry on sanctions compliance
  • Developing a report on the operational components of compliance within crypto firms, explaining where the industry is in a strong position
  • Leading advocacy and outreach with global agencies