by COINS NEWS - 3 months ago
I'm based in the UK, and I've just discovered, by trying to transfer LTC from a Cex to another Cex, that I can't anymore, because of the recent Travel Rule. Only transfers to non-custodial wallets and transfers of ERC-20 and BTC are allow...
Bitcoin News / Bitcoin.com - 4 months ago
The European Banking Authority (EBA) has recently launched a new consultation process concerning implementing the so-called travel rule for cryptocurrency transactions. The institution is seeking feedback on the defined procedures that crypto assets...
Cryptocoins News / The Cointelegraph - 5 months ago
Gemini will be restricting its UK users to sending only to 58 virtual asset service providers that are registered under the Travel Rule starting Nov. 17. A Trezor analyst argues the measu...
Cryptocoins News / The Cointelegraph - 7 months ago
The crypto Travel Rule, which came into effect on Sept. 1, aims to stop money laundering and terrorist financing activities carried out on-chain. Crypto asset business...
Bitcoin News / Bitcoin.com - 8 months ago
According to the United Kingdom’s Financial Conduct Authority, crypto asset firms operating in the country will be required to comply with the Financial Action Task Force’s travel rule starting on Sept. 1, 2023. Crypto asset businesses wi...
Cryptocoins News / The Cointelegraph - 8 months ago
The U.K. passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto. Crypto asset businesses in the...
Cryptocoins News / Finance Magnates - 8 months ago
The Financial Conduct Authority (FCA) has set out clear expectations for cryptocurrency businesses operating in the UK, outlining the necessary steps they must take to comply with the significant change in the legislation for money laundering prevent...
Cryptocoins News / The Cointelegraph - 9 months ago
The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation. A renewed...
Cryptocoins News / Finance Magnates - 10 months ago
Ahead of Japan's strict crypto monitoring regime starting in June, the cryptocurrency exchange bitFlyer has adopted tougher anti-money laundering (AML) rules for digital asset transactions. The measures are in line with the global financial watchdog...
Cryptocoins News / CoinJournal - 10 months ago
bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries. The exchange will also only allow transactions for TRUST-compatible cryptocurrencies, which include Bitcoin, Ethereum and some ERC-20 token...
Cryptocoins News / Blockchain - 10 months ago
BitFlyer, a leading Japanese crypto asset exchange operator, announced the implementation of new regulations known as the travel rule, aimed at preventing criminal activities and enhancing security in the crypto industry. (Read More)
Cryptocoins News / The Cointelegraph - 10 months ago
While adopting restrictions on transactions between exchanges, bitFlyer still supports transactions to and from self-custody wallets like MetaMask. Cryptocurrency exch...
Bitcoin News / Bitcoin.com - 10 months ago
Stricter anti-money laundering (AML) measures for the crypto sector in Japan will enter into force next month, local media reported. The new rules were adopted to align the country’s legal framework for cryptocurrencies with global standards in the f...
Cryptocoins News / The Cointelegraph - 11 months ago
Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye toward quickly implementing the “Travel Rule” for crypto assets. The G7...
Cryptocoins News / Blockchain - 1 year ago
ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage. (Read Mor...
More / Bitcoin Reddit - 1 year ago
Hey all, just sparking a discussion here. For those not aware, The Financial Action Task Force (FATF) Travel Rule requires businesses to collect and share the personal data of participants in a transaction. As a crypto company's customer (for cus...
Cryptocoins News / The Cointelegraph - 1 year ago
Meeting international Anti-Money Laundering standards is the latest in a series of measures Japan has taken in recent months to improve its cryptocurrency regulation....
Cryptocoins News / Blockchain - 1 year ago
Coinbase has welcomed PayPal for joining TRUST, a global coalition that offers top-tier privacy and security safeguards to clients across jurisdictions while complying with the Travel Rule. (Read More)
Cryptocoins Exchanges / Coinbase - 1 year ago
Coinbase is pleased to share the addition of PayPal to the Travel Rule Universal Solution Technology (TRUST) network. TRUST is a global, industry-driven solution designed to increase compliance with a requirement known as the Travel Rule while priori...
Cryptocoins News / The Cointelegraph - 1 year ago
The Financial Action Task Force (FATF) reported that 11 out of 98 responding jurisdictions have started enforcing its standards on Combating the Financing of Terrorism, or CFT, and Anti-Money Laundering, or AML.In an update released Thursday on the “...
Cryptocoins Exchanges / Binance - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the measure.Starting Friday, Korean exchanges will flag any crypto trans...
Bitcoin News / Bitcoin.com - 2 years ago
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “in...
Cryptocoins News / The Cointelegraph - 2 years ago
Many major crypto companies based in the United States have released a solution for the Financial Action Task Force's Travel Rule.In a Wednesday blog post, crypto services provider Paxos announced the launch of the Travel Rule Universal Solution Tech...
Cryptocoins Exchanges / Coinbase - 2 years ago
CoinbaseFeb 16 · 3 min readCoinbase is proud to announce the launch of the Travel Rule Universal Solution Technology (TRUST), an industry-driven solution designed to comply with a requirement known as the Travel Rule while protecting the security and...
