The SDN List stands for the Specially Designated Nationals and Blocked Persons List, maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). This list identifies individuals and entities with whom U.S. persons and businesses are generally prohibited from conducting transactions. In digital assets, screening against the SDN List is a critical component of anti-money laundering (AML) and sanctions compliance. It aims to prevent illicit financial flows.
Context
Screening against the SDN List is a mandatory compliance requirement for digital asset service providers operating within or interacting with the U.S. financial system. Discussions frequently involve the challenges of applying traditional sanctions screening to pseudonymous blockchain transactions and the need for advanced analytics. The continuous updating of this list and its implications for global digital asset transfers remain a significant operational and regulatory consideration.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
