Travel Rule

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U.K.’s Travel Rule Troubles Showcase Global Challenge for Crypto
U.K. crypto firms have just days to comply with new anti-money laundering requirements – but they are seeking more guidance given patchy implementation of the controversial FA...
Cracked globe (Mike Kemp / Getty Images)

The UK is Tightening Crypto Rules (Unsplash)
UK ‘Travel Rule’ Won’t Completely Nix Transfers to Noncompliant Places, FCA Says
Companies such as PayPal are already halting their crypto payments services in the U.K. as a result of tighter regulations.
The UK is Tightening Crypto Rules (Unsplash)

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Crypto Exchange bitFlyer Aligns Itself With FATF 'Travel Rule' With New Restrictions
Restrictions targeting 21 countries include only allowing select crypto and transfers to platforms that comply with Coinbase-led Travel Rule Universal Solution Technology (TRU...
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Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report
Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.
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G-7 Must Take Charge in Ending 'Lawless' Crypto Space, FATF Chief Says
President of the global financial crimes watchdog, T. Raja Kumar, urged G-7 leaders to "effectively" implement FATF's crypto anti-money laundering norms ahead of their meeting...
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Raj Dhamodharan at Consensus23 (Shutterstock/CoinDesk)
Mastercard Launches Crypto Credential Service for Cross-Border Transfers
The set of verification standards uses technology from CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquire in late 2021.
Raj Dhamodharan at Consensus23 (Shutterstock/CoinDesk)

The FATF, a global anti-money-laundering watchdog, said many countries have failed to implement its standards for crypto. (NASA/Unsplash)
FATF Agrees on Action Plan to Drive Implementation of Global Crypto Norms
The global financial crime watchdog's plenary, made up of 206 members including observer organizations like the UN, also agreed to take stock of what jurisdictions have been d...
The FATF, a global anti-money-laundering watchdog, said many countries have failed to implement its standards for crypto. (NASA/Unsplash)

The FATF ordered crypto service providers to meet its AML guidance back in 2019. (Hervé Cortinat/OECD)
Coinbase-Backed Anti-Money Laundering Group Expands Into Europe
The Travel Rule Universal Solution Technology (TRUST) has grown its membership to 67 firms.
The FATF ordered crypto service providers to meet its AML guidance back in 2019. (Hervé Cortinat/OECD)

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Why the EU’s Rushed ‘Travel Rule’ for Crypto Should Be Struck Down
A crypto reporting provision imported from the U.S. likely violates European privacy laws.
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The Financial Action Task Force wants to outlaw dirty money flows through crypto. (Richard Levine/Corbis/ Getty Images)
Hurry Up With Crypto ID Checks, FATF Tells Countries
After the potentially privacy-busting "travel rule" for crypto transfers, global standard setters at the Financial Action Task Force have their eyes on DeFi, NFTs and unhosted...
The Financial Action Task Force wants to outlaw dirty money flows through crypto. (Richard Levine/Corbis/ Getty Images)