Press Enter to search · ESC to close

Regulation

US Sanctions 45 More Targets Linked to Prince Group

The US Treasury has added 45 more individuals and entities linked to Prince Group to its Specially Designated Nationals list. The SDN update lists no cryptocurrency addresses for the newly designated parties, but US firms must still block covered assets and avoid unauthorized dealings with them.

Original source

AI take

The absence of crypto addresses in this tranche is the detail worth noting: designation risk is no longer carried only by wallets, so compliance teams must screen against names and entities rather than relying on address blacklists alone. The practical exposure runs through US firms and their counterparties, who must block covered assets even without on-chain identifiers. Whether future Prince Group designations return to listing addresses, and how exchanges handle entity-level screening without them, is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback