Prohibited Countries

Last Updated: March 26, 2026

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IMPORTANT NOTICE: Bit1 does not offer services to residents, citizens, or entities organized under the laws of the jurisdictions listed below. This list may be updated at any time at our sole discretion.

1. Overview

1.1 Bit1 ("Bit1", "we", "us", "our") does not provide services to persons or entities located in, organized under the laws of, or residents or citizens of certain restricted jurisdictions.

1.2 The restrictions outlined in this document are designed to ensure compliance with applicable sanctions regimes, regulatory requirements, and our internal risk management policies.

1.3 This list of prohibited countries and territories may be updated at any time without prior notice. Users are responsible for monitoring these restrictions and ensuring ongoing compliance.

1.4 Attempting to access our services from a restricted jurisdiction may result in immediate account suspension and potential legal action.

2. Restricted Countries and Territories

2.1 The following countries and territories are prohibited from accessing Bit1 services:

North America

Country	Additional Notes
United States of America	All US states and territories

Middle East

Country	Additional Notes
United Arab Emirates	All Emirates
Iran	Islamic Republic of Iran
Iraq	Republic of Iraq
Lebanon	Lebanese Republic
Yemen	Republic of Yemen

Asia-Pacific

Country/Territory	Additional Notes
Singapore	Republic of Singapore
Myanmar	Republic of the Union of Myanmar
Afghanistan	Islamic Emirate of Afghanistan
Democratic People's Republic of Korea	North Korea
Marshall Islands	Republic of the Marshall Islands

Africa

Country	Additional Notes
Angola	Republic of Angola
Burundi	Republic of Burundi
Cameroon	Republic of Cameroon
Central African Republic	CAR
Côte d'Ivoire	Republic of Côte d'Ivoire
Democratic Republic of the Congo	DRC
Eritrea	State of Eritrea
Ethiopia	Federal Democratic Republic of Ethiopia
Guinea	Republic of Guinea
Guinea Bissau	Republic of Guinea-Bissau
Haiti	Republic of Haiti
Liberia	Republic of Liberia
Libya	State of Libya
Mali	Republic of Mali
Rwanda	Republic of Rwanda
Sierra Leone	Republic of Sierra Leone
Somalia	Federal Republic of Somalia
South Sudan	Republic of South Sudan
Sudan	Republic of the Sudan
Zimbabwe	Republic of Zimbabwe

Europe

Country	Additional Notes
Belarus	Republic of Belarus
Serbia	Republic of Serbia
Austria	Republic of Austria
Spain	Republic of Spain

Caribbean and Latin America

Country	Additional Notes
Cuba	Republic of Cuba
Trinidad and Tobago	Republic of Trinidad and Tobago
Venezuela	Bolivarian Republic of Venezuela

Disputed and Occupied Territories

Territory	Additional Notes
Crimea	Annexed territory
Donetsk	Occupied region of Ukraine
Luhansk	Occupied region of Ukraine
Sevastopol	Occupied territory
Russian-controlled regions of Ukraine	Including Crimea, Donetsk, and Luhansk

3. Sanctions Compliance

3.1 Regulatory Compliance: Bit1 maintains strict compliance with sanctions imposed by:

• United States Office of Foreign Assets Control (OFAC)

• European Union sanctions regimes

• United Kingdom Office of Financial Sanctions Implementation (OFSI)

• United Nations Security Council sanctions

• Other applicable international sanctions authorities

3.2 Individual Sanctions: Users must not be listed on any sanctions list maintained by the above authorities, including but not limited to:

• OFAC Specially Designated Nationals (SDN) List

• OFAC Consolidated Sanctions List

• EU Consolidated List of Persons, Groups and Entities

• UK Financial Sanctions List

• UN Security Council Sanctions List

3.3 Entity Restrictions: Entities that are owned 50% or more, directly or indirectly, by sanctioned persons are also prohibited from using our services.

3.4 Ongoing Monitoring: We conduct continuous sanctions screening of all users and transactions to ensure compliance with applicable restrictions.

4. VPN and Circumvention Prohibited

4.1 Strict Prohibition: The use of Virtual Private Networks (VPNs), proxy servers, or any other technology designed to circumvent geographic restrictions is strictly prohibited.

4.2 Detection and Enforcement: We employ advanced geolocation and fraud detection systems to identify attempts to circumvent our restrictions.

5. Your Responsibility

5.1 Legal Compliance: You are solely responsible for ensuring that your use of Bit1 services complies with all applicable laws and regulations in your jurisdiction of residence, citizenship, or business operation.

5.2 Ongoing Obligation: You must immediately notify us if your status changes in any way that would make you subject to these restrictions, including:

• Change of residence or citizenship

• Changes in business organization or ownership

• New sanctions designations affecting you or your entity

5.3 Pre-Registration Consultation: If you are uncertain about your eligibility or the applicability of these restrictions, you must contact our legal team before creating an account or using our services.

5.4 Due Diligence: You are responsible for conducting your own due diligence regarding the legality of digital asset trading in your jurisdiction.

6. Changes to This List

6.1 Discretionary Updates: Bit1 may update this list of prohibited countries and territories at any time at our sole discretion, without prior notice to users.

6.2 Factors for Changes: Updates may be based on:

• Changes in international sanctions regimes

• New regulatory requirements or guidance

• Emerging risks or compliance concerns

• Business strategy decisions

• Legal or regulatory advice

6.3 Notification: When practicable, we will update this page and notify users of significant changes through our Platform and registered communication channels.

6.4 Immediate Effect: All updates to this list take immediate effect upon publication, regardless of notification timing.

6.5 User Obligation: Users must regularly check this page for updates and ensure ongoing compliance with any new restrictions.

7. Contact Information

For questions regarding prohibited jurisdictions, sanctions compliance, or eligibility determinations:

Department	Email Address
Customer Support	[email protected]
Legal & Regulatory	[email protected]

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This list is comprehensive but not exhaustive. Additional restrictions may apply based on individual circumstances, sanctions updates, or regulatory changes. Users remain fully responsible for ensuring their eligibility and compliance with all applicable laws.