The agreement prohibits access by users who are on OFAC or other governmental sanctions lists, or who are citizens, residents, or entities organized in jurisdictions subject to comprehensive U.S. economic sanctions, and requires users to represent compliance with all applicable laws as a condition of access.
This analysis describes what Uniswap's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision establishes user-level sanctions compliance representations as a contractual condition of access to all products. The provision relies on user self-attestation rather than specifying any technical or identity-based verification mechanism, which is an operationally relevant distinction for compliance assessment of whether the restriction is actively enforced.
The updated terms establish new contractual representations that users must make when agreeing to the agreement. Users now represent that they are not subject to economic or trade sanctions administered by any governmental authority, including OFAC lists, and that they are not citizens or residents of sanctioned jurisdictions. Users also represent that their access and use will comply with all applicable laws and will not be used to conduct or facilitate illegal activity. These representations are legally binding attestations that may be verified. Users in OFAC-sanctioned countries cannot truthfully make these representations and would be unable to use the platform.
View change record →The updated terms establish new restrictions on user conduct and add affirmative representations regarding asset eligibility. Users trading tokenized real-world assets (such as tokenized stocks, ETFs, or commodities) must now represent that they have reviewed issuer information and comply with any restrictions on trading or holding those assets. The terms also explicitly prohibit circumventing access restrictions, including geographic blocks and transfer limitations imposed by token issuers. By continuing to use the platform, users affirm they are legally eligible to trade tokens under their jurisdiction's laws.
View change record →The updated terms establish that Uniswap does not warrant that any digital asset accessible through its products is available for trading, holding, or transacting in your jurisdiction, or that you are legally permitted to do so. The revised language places the burden on you to determine whether a digital asset is lawfully available to you and to comply with any applicable transfer restrictions imposed by asset issuers or regulatory authorities. This means accessing or trading an asset through the Uniswap interface does not constitute Uniswap's determination that you are eligible to do so under your local laws.
View change record →Under this clause, users must represent at the point of access that they are not subject to OFAC designation, not on prohibited party lists, and not located in or organized under the laws of a comprehensively sanctioned jurisdiction. The agreement does not describe any technical access restriction or identity verification mechanism for enforcing this prohibition; enforcement of this provision relies on user representation.
How other platforms handle this
Discriminate regarding access to communities or groups that you create, manage, lead, or participate in.
You may not display any personal contact, banking, or peer-to-peer payment information, whether in relation to you or any other person (for example, names, home addresses or postcodes, telephone numbers, email addresses, URLs, credit/debit card...)
Bypass or ignore instructions contained in our robots.txt file that controls automated access to portions of our Services;
"You further represent that you are not (a) the subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties (including but not limited to the list maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury) or (b) a citizen, resident, or organized in a jurisdiction or territory that is the subject of comprehensive country-wide, territory-wide, or regional economic sanctions by the United States. Finally, you represent that your access and use of any of our Products will fully comply with all applicable laws and regulations, and that you will not access or use any of our Products to conduct, promote, or otherwise facilitate any illegal activity.Excerpt from Uniswap's Terms of Service
1) REGULATORY LANDSCAPE: OFAC sanctions compliance requirements apply to U.S.
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
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This provision establishes user-level sanctions compliance representations as a contractual condition of access to all products. The provision relies on user self-attestation rather than specifying any technical or identity-based verification mechanism, which is an operationally relevant distinction for compliance assessment of whether the restriction is actively enforced.
Under this clause, users must represent at the point of access that they are not subject to OFAC designation, not on prohibited party lists, and not located in or organized under the laws of a comprehensively sanctioned jurisdiction. The agreement does not describe any technical access restriction or identity verification mechanism for enforcing this prohibition; enforcement of this provision relies …
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