Summary: Uniswap blocks users from countries under OFAC sanctions to comply with international laws. Countries like Belarus, Cuba, Iran, North Korea, Syria, Côte d'Ivoire, Liberia, Sudan, Zimbabwe, and Iraq are restricted. Stay updated with Uniswap's official announcements for the latest information.
Uniswap is a DeFi exchange facilitating cryptocurrency trading through automated liquidity pools, known for its permissionless, KYC-free nature and significant trading volumes in the crypto sector.
Ethereum, Arbitrum, Optimism, Polygon, BNB Chain and Celo.
Varies depending on pool (average 0.1%).
OFAC sanctioned countries only.
What Countries are Restricted by Uniswap?
To comply with the Office of Foreign Assets Control (OFAC) sanctions, Uniswap has set geographic restrictions on its platform. Since the inception of the popular decentralized exchange, individuals in certain countries facing U.S. government sanctions can't use Uniswap's services. These countries are:
- Belarus
- Cuba
- Iran
- North Korea
- Syria
- Côte d'IvoireLiberia
- Sudan
- Zimbabwe
- Iraq
Uniswap's decision confirms its dedication to following international laws and OFAC regulations. If you plan to use Uniswap, remain informed about these restrictions and check Uniswap's official updates for the latest details.
Is Uniswap Available in the US?
Yes, Uniswap is available in the United States. This decentralized platform operates without needing Know Your Customer (KYC) procedures. Besides the U.S., Uniswap is accessible in many regions, except for those under OFAC sanctions.
This strategy shows Uniswap's dedication to offering a compliant decentralized finance service. It also ensures easy access for users in areas where such services are allowed by law.
What Country is Uniswap Based?
Uniswap was established by Hayden Adams and is headquartered in the United States. Uniswap Labs, which oversees the platform's front-end operations, is situated in New York, a key global financial hub. This location highlights Uniswap's role in the expansive field of decentralized finance (DeFi).
As a prominent DeFi platform, Uniswap adheres to U.S. regulatory and legal standards while serving a worldwide audience, respecting international regulations and sanctions. Uniswap Labs in New York significantly contributes to the platform's strategic development and compliance efforts, especially important in the rapidly changing sectors of cryptocurrency and DeFi.
About Uniswap
Uniswap is a leading decentralized exchange, launched in 2018, enabling direct token swaps on Ethereum and other EVM-compatible blockchains. It employs automated liquidity pools and operates without Know Your Customer (KYC) requirements. Known for its robust security and innovations like Uniswap V4, it enhances trading flexibility, reduces costs, and supports NFTs, maintaining a vital role in decentralized finance.
Bottom Line
In summary, Uniswap imposes geographic restrictions on countries listed under OFAC sanctions to comply with international regulations. Users from these regions cannot access Uniswap's services. Staying informed about these limitations ensures compliance and uncovers critical details for using this decentralized exchange effectively.