Original sourceCryptacount
Summary
On October 3, 2026, FinCEN issued an NPRM to designate A7 Network's non-U.S. 'sub-agents' as high-risk sanctions targets, prohibiting all covered U.S. financial institutions from sending or receiving funds with them, including convertible virtual currency. The same day, OFAC designated A7 Network a…
Key points
- For exchanges, custodians, and accounting teams, this is a compliance event requiring immediate adjustments to AML monitoring and suspicious activity reporting.
- This is one of the most significant AML actions of 2026, directly targeting cross-border settlement models that use stablecoins to bypass correspondent banks.
- Institutions handling A7A5 activity on Tron and Ethereum must immediately review AML programs, transaction monitoring, and SAR processes to avoid running afoul of the ban.
Editorial note
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