NFT

OpenSea Delists Artist Accounts Located in Cuba and Other U.S. Sanctioned Countries

Including Syria, Iran, Venezuela, and the Republic of Cuba.

NFT

OpenSea Delists Artist Accounts Located in Cuba and Other U.S. Sanctioned Countries

Including Syria, Iran, Venezuela, and the Republic of Cuba.

Over the past few months, OpenSea has been delisting artist accounts in Cuba and other countries facing U.S. sanctions in what is believed to be part of recent policy changes to make its verification processes more strict. 

“We continue to holistically evaluate what other measures need to be taken to serve our community and comply with applicable law,” an OpenSea spokesperson recently shared. 

More than 30 artists and collectors have been banned or otherwise restricted from OpenSea thus far, according to Artnet

Other sanctioned countries include Syria, Iran, Venezuela, and the Republic of Cuba. However, OpenSea didn’t start targeting Cuban-based accounts until recently. 

OpenSea’s terms of service state that the marketplace is prohibited for anyone “located in, ordinarily resident in, or organized under the laws of, any Embargoed Jurisdiction” or “subject to any sanctions administered by an agency of the U.S. Government.”

In other NFT news, Takashi Murakami presents his solo exhibition in Dubai.

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