When you register a Blockpass service, you can configure geoblocking on your service. This means you can restrict certain countries that are considered high-risk based on AML, terrorist financing, or other reasons. Users who are residents of such restricted countries will not be able to submit a profile to your service.
Blockpass cannot advise which country you should exclude from your service. Therefore, please discuss which countries you should exclude with your lawyer. Deciding which countries to exclude might be dependent on where you are located (incorporated), where you are offering your services, and whether you are regulated or not.
Note: the countries below only pertain to sanctions restrictions. Your lawyer should be able to advise whether other countries should be excluded due to other regulatory requirements, for example, if crypto is considered a security or crypto is not permitted in that jurisdiction.
EU sanctions list:
Reference: https://www.sanctionsmap.eu/#/main
EU sanctions lists are against countries, entities, or individuals. These sanctions are safety measures aimed at protecting the interests of national security, peace, and international law. It includes the following countries:
A |
Afghanistan |
||
B |
Belarus |
Bosnia & Herzegovina |
Burundi |
C |
Central African Republic |
China |
|
D |
Democratic People's Republic of Korea |
Democratic Republic of the Congo |
|
G |
Guatemala |
Guinea |
Guinea-Bissau |
H |
Haiti |
||
I |
Iran |
Iraq |
|
L |
Lebanon |
Libya |
|
M |
Mali |
Moldova |
Montenegro |
Myanmar |
|||
N |
Nicaragua |
Niger | |
R |
Russia |
||
S |
Serbia |
Somalia |
South Sudan |
Sudan |
Syria |
||
T |
Tunisia |
Turkey | |
U |
Ukraine |
United States |
|
V |
Venezuela |
||
Y |
Yemen |
||
Z |
Zimbabwe |
OFAC (US) sanctions list
OFAC manages economic and commercial sanctions based on U.S. foreign policy and national security objectives and implements the necessary procedures. It also takes measures against the proliferation of weapons of mass destruction and other threats to the U.S.'s national security, foreign policy, or economy. It includes the following countries:
A |
Afghanistan |
||
B |
Belarus |
Burma |
(*)Western Balkan |
C |
Central African Republic |
China |
Cuba |
D |
Democratic Republic of the Congo |
Democratic People's Republic of Korea |
|
E |
Ethiopia |
||
H |
Hong Kong |
||
I |
Iran |
Iraq |
|
L |
Lebanon |
Libya |
|
M |
Mali |
||
N |
Nicaragua |
||
R |
Russia |
||
S |
Syria |
Somalia |
South Sudan |
Sudan |
|
||
U |
Ukraine |
||
V |
Venezuela |
||
Y |
Yemen |
(*) Western Balkan includes countries: Albania, Bosnia and Herzegovina,Montenegro, Kosovo, North Macedonia, and Serbia.
UK sanctions list:
UK sanctions list lists entities and individuals subjected to certain financial restrictions as part of the United Kingdom's government's domestic counter-terrorism regime policy. Also, it includes individuals prohibited by the European Union and the United Nations:
A |
Afghanistan |
||
B |
Belarus |
Bosnia & Herzegovina |
Burundi |
C |
Central African Republic |
||
D |
Democratic People's Republic of Korea |
Democratic Republic of the Congo |
|
G |
Guinea |
Guinea-Bissau |
|
H |
Haiti |
|
|
I |
Iran |
Iraq |
|
L |
Lebanon |
Libya |
|
M |
Mali |
Myanmar |
|
N |
Nicaragua |
||
R |
Russia |
||
S |
Syria |
Somalia |
South Sudan |
Sudan |
|||
V |
Venezuela |
||
Y |
Yemen |
||
Z |
Zimbabwe |
UN sanctions list
Reference:
https://www.mfat.govt.nz/en/peace-rights-and-security/un-sanctions/
UN sanctions lists are diplomatic decisions enforced by the United Nations member states against states, entities, or individuals. These sanctions are measures of safety to preserve national safety interests, peace, and international law. it includes:
C |
Central African Republic |
||
D |
Democratic People's Republic of Korea |
Democratic Republic of the Congo |
|
E |
Eritrea |
||
G |
Guinea-Bissau |
||
I |
Iran |
Iraq |
|
L |
Lebanon |
Libya |
|
M |
Mali |
||
S |
Somalia |
Sudan |
South Sudan |
Syria |
|||
Y |
Yemen |
FATF Grey List and Blacklist
-
FATF Grey List
Reference: https://www.fatf-gafi.org/en/countries/black-and-grey-lists.html
For all countries identified as grey list, the FATF calls on all members and urges all jurisdictions to apply Enhanced Due Diligence, and in the most serious cases, countries are called upon to apply counter-measures to protect the international financial system from the ongoing money laundering, terrorist financing, and proliferation financing (ML/TF/PF) risks emanating from the country. It includes the following countries:
A |
Algeria |
Angola |
|
B |
Bulgaria |
Burkina Faso |
|
C |
Cameroon
|
Croatia |
|
D |
Democratic Republic of Congo
|
|
|
I |
Ivory Coast
|
|
|
H |
Haiti |
||
K |
Kenya |
|
|
L |
Lebanon |
|
|
M |
Mali |
Mozambique |
Monaco |
N |
Namibia |
Nigeria |
|
P |
Philippines |
|
|
S |
South Africa |
South Sudan |
Syria |
T |
Tanzania |
|
|
V |
Vietnam |
Venezuela |
|
Y |
Yemen |
|
-
FATF Blacklist
The FATF Blacklist includes the following countries:
D |
Democratic People's Republic of Korea |
I |
Iran |
M |
Myanmar |
Basel AML Index
*0 = low risk to 10 = high risk
RANK | JURISDICTION | OVERALL SCORE |
1 | Haiti | 8.25 |
2 | Chad | 8.14 |
3 | Myanmar | 8.13 |
4 | The Democratic Republic Of The Congo | 8.10 |
5 | Republic Of Congo | 7.91 |
6 | Mozambique | 7.88 |
7 | Gabon | 7.73 |
8 | Guinea-Bissau | 7.69 |
9 | Venezuela | 7.63 |
10 | Laos | 7.44 |
11 | Madagascar | 7.43 |
12 | Algeria | 7.22 |
13 | Liberia | 7.17 |
14 | Sierra Leone | 7.09 |
15 | Mali | 7.06 |
16 | Suriname | 7.06 |
17 | Angola | 7.03 |
18 | Eswatini | 6.97 |
19 | Vietnam | 6.96 |
20 | Kenya | 6.95 |
21 | Togo | 6.95 |
22 | Cote D'ivoire | 6.87 |
23 | Solomon Islands | 6.86 |
24 | Uganda | 6.83 |
25 | Turkmenistan | 6.80 |
26 | Cambodia | 6.78 |
27 | China | 6.77 |
28 | Cameroon | 6.75 |
29 | Nigeria | 6.72 |
30 | Senegal | 6.67 |
31 | Niger | 6.64 |
32 | Benin | 6.62 |
33 | Mauritania | 6.62 |
34 | Burkina Faso | 6.48 |
35 | Tonga | 6.43 |
36 | Nicaragua | 6.42 |
37 | Tanzania | 6.27 |
38 | Saint Kitts and Nevis | 6.11 |
39 | Cape Verde | 6.05 |
40 | Macao SAR, China | 6.05 |
41 | Kyrgyzstan | 6.00 |
42 | Tajikistan | 5.91 |
43 | Bhutan | 5.89 |
44 | South Africa | 5.85 |
45 | Thailand | 5.82 |
46 | Bangladesh | 5.80 |
47 | Panama | 5.76 |
48 | United Arab Emirates | 5.74 |
49 | Zambia | 5.70 |
50 | Palau | 5.68 |
51 | Gambia | 5.66 |
52 | Cuba | 5.64 |
53 | Philippines | 5.64 |
54 | Malawi | 5.63 |
55 | Honduras | 5.60 |
56 | Ethiopia | 5.54 |
57 | Türkiye | 5.53 |
58 | Zimbabwe | 5.52 |
59 | Bahamas | 5.49 |
60 | Vanuatu | 5.45 |
61 | Pakistan | 5.44 |
62 | Sri Lanka | 5.42 |
63 | Guatemala | 5.38 |
64 | Saudi Arabia | 5.38 |
65 | Belarus | 5.33 |
66 | Barbados | 5.32 |
67 | Ghana | 5.29 |
68 | Jamaica | 5.29 |
69 | Saint Lucia | 5.25 |
70 | Seychelles | 5.23 |
71 | Dominican Republic | 5.21 |
72 | Malaysia | 5.21 |
73 | Mexico | 5.21 |
74 | Qatar | 5.19 |
75 | Bulgaria | 5.16 |
76 | Uzbekistan | 5.12 |
77 | Namibia | 5.09 |
78 | Ukraine | 5.08 |
79 | Paraguay | 5.07 |
80 | Ecuador | 5.06 |
81 | Egypt | 5.06 |
82 | Indonesia | 5.01 |
83 | Mongolia | 5.00 |
84 | Grenada | 4.97 |
85 | Samoa | 4.95 |
86 | Hungary | 4.94 |
87 | Hong Kong SAR, China | 4.93 |
88 | Antigua and Barbuda | 4.91 |
89 | Jordan | 4.90 |
90 | Romania | 4.90 |
91 | Bahrain | 4.82 |
92 | Peru | 4.81 |
93 | Albania | 4.75 |
94 | Aruba | 4.74 |
95 | Colombia | 4.74 |
96 | Mauritius | 4.74 |
97 | Serbia | 4.74 |
98 | Armenia | 4.72 |
99 | Costa Rica | 4.72 |
100 | Kazakhstan | 4.71 |
101 | Fiji | 4.70 |
102 | Georgia | 4.69 |
103 | Morocco | 4.69 |
104 | Cyprus | 4.67 |
105 | Croatia | 4.66 |
106 | Japan | 4.66 |
107 | Malta | 4.65 |
108 | Moldova | 4.59 |
109 | Tunisia | 4.59 |
110 | Liechtenstein | 4.58 |
111 | Italy | 4.56 |
112 | Korea, South | 4.56 |
113 | Botswana | 4.53 |
114 | Trinidad and Tobago | 4.51 |
115 | Dominica | 4.46 |
116 | Poland | 4.46 |
117 | Brunei Darussalam | 4.38 |
118 | Singapore | 4.30 |
119 | United States | 4.30 |
120 | Germany | 4.29 |
121 | Canada | 4.28 |
122 | Macedonia | 4.26 |
123 | Slovakia | 4.22 |
124 | Netherlands | 4.15 |
125 | Belgium | 4.13 |
126 | Chile | 4.13 |
127 | Austria | 4.10 |
128 | Portugal | 4.08 |
129 | Uruguay | 4.08 |
130 | Switzerland | 4.05 |
131 | Ireland | 4.01 |
132 | Latvia | 4.00 |
133 | Taiwan | 4.00 |
134 | Spain | 3.96 |
135 | Czech Republic | 3.82 |
136 | Greece | 3.70 |
137 | Australia | 3.69 |
138 | Israel | 3.67 |
139 | Luxembourg | 3.67 |
140 | United Kingdom | 3.66 |
141 | France | 3.58 |
142 | Slovenia | 3.57 |
143 | San Marino | 3.51 |
144 | Lithuania | 3.47 |
145 | Norway | 3.45 |
146 | New Zealand | 3.38 |
147 | Denmark | 3.36 |
148 | Sweden | 3.20 |
149 | Andorra | 3.09 |
150 | Estonia | 3.00 |
151 | Finland | 2.96 |
152 | Iceland | 2.87 |
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