United States of America: Department of the Treasury order establishing sanctions on Garantex, Grinex, Executives, and Associated Entities for Sanctions Evasion and Cyber-Enabled Activities
Progress
Current status
in force
14 Aug 2025 in force
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Department of the Treasury imposed sanctions on Garantex, Grinex, Executives, and Associated Entities for Sanctions Evasion and Cyber-Enabled Activities
On 14 August 2025, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC), acting pursuant to Executive Order (E.O.) 13694 as further amended by E.O. 14144 and E.O. 14306, re-designated the cryptocurrency exchange Gar…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
other regulatory body