‘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.
The hedge funder’s latest crypto bet adds fuel to CipherTrace’s growing crypto compliance and investigations business.
The move could open the door to more FATF-friendly DeFi in the BSC ecosystem.
The announcement comes as Binance faces regulatory challenges from financial watchdogs in several countries.
The new tool uses an oracle on Chainlink to spot crypto wallet addresses on government watchlists.
Cryptocurrency firms in Singapore already need to have a Travel Rule solution in place to get a license.