OFAC Compliance Drops Below 50% for the First Time in Months For the first time since October, fewer than 50% of new blocks over a 24-hour period were OFAC compliant, partially thanks to more censorship-resistant options. ofac-compliance-drops-below-50-percent-for-first-time-in-months

# OFAC Compliance Drops Below 50% for the First Time in Months Since October 2020, the amount of blocks that have been OFAC compliant had remained above 50%. However, new data has shown that for the first time since October, the number of OFAC compliant blocks has dipped below the 50% mark. This is partially due to the emergence of more non-censoring options that make up a larger percentage of the blockspace market. ## The Data According to a report from Chainalysis, the total number of new blocks over a 24-hour period dropped to 48.5%. This is a 0.6% decrease from the previous week’s data. As a result, the amount of OFAC compliant blocks also decreased, going from 53.1% to 51.4%. In addition, there was an increase in the number of blocks labeled as “uncategoryzed”, which rose from 26.1% to 28%. This is likely due to the emergence of more censorship-resistant options that allow users to bypass government regulation. ## Why is this Significant? The fact that OFAC compliance has dropped below 50% for the first time since October is significant because it shows that users are increasingly interested in using non-censoring options. This could potentially lead to more decentralization in the crypto space, giving users more freedom to use the technology without fear of government interference. At the same time, it also highlights the importance of having regulations in place to ensure that users comply with the law. It is essential that governments and regulators continue to monitor the crypto space and ensure that users are abiding by the legal requirements. ## Conclusion In conclusion, the fact that OFAC compliance has dropped below 50% for the first time since October is significant. It shows that users are increasingly interested in using non-censoring options, which could lead to more decentralization in the crypto space. However, it is also important that governments and regulators continue to monitor the crypto space and ensure that users are complying with the law.