Travel Rule


‘Evil VASP’ Simulation Preps Crypto Exchanges for FATF Travel Rule

Backed by CipherTrace, TRISA looks to get virtual asset service providers (VASPs) ready for new anti-money laundering rules.

Policy & regulation  ·  18 February 2021

BitMEX Introduces Data Storage Framework for FATF’s Travel Rule

Compliance chief Malcolm Wright led the development of BitMEX’s data storage principles for crypto exchanges.

Business  ·  9 February 2021

The Global Challenge of Regulating Virtual Assets

Moving through the high-level confusion of an emergent field of digital assets during a pandemic presented unique challanges.

People  ·  24 December 2020

Industry Pros Weigh In on Rumors of New Crypto Wallet Regulations

From shorter consultations to insider comments, recent rumors about U.S. regulation of private crypto wallets have some compelling context.

Policy & regulation  ·  27 November 2020

Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules

Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges.

Policy & regulation  ·  26 November 2020

FATF Needs Entirely New Approach to Regulating Crypto, Says V20 Summit

Industry players at the Virtual Asset Service Providers Summit urged regulators to rethink their approach in light of DeFi and DEXs.

Business  ·  18 November 2020

Why FinCEN Wants Details on All Cross-Border Transactions Over $250

At an event Monday, FinCEN staffers discussed the “why” of a new proposal that has crypto fans concerned.

Policy & regulation  ·  16 November 2020
Travel Rule

South Korean Crypto Firms Must Disclose Users’ Identities Under Planned Law Change

South Korea's top financial watchdog wants legal changes making it mandatory for cryptocurrency firms to report the names of customers.

News  ·  6 November 2020

Group Backed by ING Bank, Fidelity and Standard Chartered Releases Crypto AML Tools

The Travel Rule Protocol working group has published the first version of its TRP API.

Business  ·  8 October 2020

User Profiling Can Help Regulators Identify Illegal Crypto Activity, Says FATF

The international watchdog has recommended comparing users' age and wealth with their crypto transactions to identify possible criminal activity.

Policy & regulation  ·  14 September 2020

FATF Compliance Effort Adds Huobi, Bitfinex and Tether to Governance Task Force

Shyft Network is adding Huobi, Bitfinex and Tether to its crypto-focused anti-money laundering platform as the sector ramps up FATF compliance efforts.

Business  ·  2 September 2020

Swiss Crypto Firms Say First Automated, AML-Compliant Bitcoin Transfer Completed

The new bitcoin transaction automatically complies with the FATF Travel Rule and will save intermediaries from doing it all manually.

News  ·  21 August 2020

Where FATF Crypto Compliance Gets Interesting: Africa

Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards.

Policy & regulation  ·  3 August 2020

How One Firm Is Addressing the Interoperability Problem Posed by FATF’s Travel Rule

Crypto companies building solutions to the FATF "Travel Rule" may be creating a new interoperability problem. Netki is offering a fix.

Business  ·  23 July 2020

CoolBitX and Elliptic Team Up to Offer Crypto Firms Compliance Tools

Elliptic and CoolBitX will provide a package of their respective solutions to crypto firms such as exchanges needing to stay in compliance with regulators.

Policy & regulation  ·  21 July 2020