Cryptocoins News / Blockchain - 2 years ago
The Travel Rule, which now governs service providers in the digital currency ecosystem, is arguably not a source of concern as a new report from Notabene shows many firms in the space are in compliance already. (Read More)
Cryptocoins News / The Cointelegraph - 2 years ago
A new report claims that about 70% of respondents are either practicing the travel rule or planning to complete their compliance in Q1/Q2 2022. The cryptocurrency indu...
Bitcoin News / Bitcoin.com - 2 years ago
Tether, the operator of one of the leading stablecoins in the crypto market has announced it will commence trials of a system that will allow the company to comply with the Financial Action Task Force (FATF) travel rule. The system, that is provided...
Cryptocoins News / The Cointelegraph - 2 years ago
The “Travel Rule” aims to bring reporting standards for virtual asset service providers in line with other traditional financial institutions. Tether Operations Limite...
Bitcoin News / Bitcoin.com - 2 years ago
The Australian Department of Home Affairs stated that the country lacked the technical capabilities to implement a system that complies with the travel rule proposed for cryptocurrencies. The Department concluded this in an appearance before the Sena...
Bitcoin News / Bitcoin.com - 2 years ago
Binance announced yesterday it deployed Ciphertrace’s Traveler system as part of its compliance efforts. Traveler is the first system designed for exchanges to comply with the Travel Rule proposed by the Financial Action Task Force. The exchang...
Cryptocoins News / The Cointelegraph - 2 years ago
Following bans in Japan, the U.K. and Ontario, Binance is ramping up its compliance efforts with a specialized tool developed by crypto intelligence firm CipherTrace....
Bitcoin News / Bitcoin.com - 2 years ago
Just before the Financial Action Task Force (FATF) published the organization’s 12-month review, a working group called the Travel Rule Protocol (TRP) released its 2.0 version of the TRP crypto application programming interface (API) in order t...