Travel Rule
In Banking First, ING Develops FATF-Friendly Protocol for Tracking Crypto Transfers
ING Bank, Standard Chartered and others have developed a protocol to handle a new rule for crypto exchanges and firms dealing in digital assets.
Is Crypto Ready for the Travel Rule?
New Financial Action Task Force guidelines for cryptocurrency businesses come into play this summer. These rules, most notably the Travel Rule, are perhaps the most important – yet underappreciated – regulatory development facing the industry globally. This workshop dives into just what these rules mean and how the industry is responding.
Less Than 1% of FinCEN's Suspicious Activity Reports Since 2013 Mentioned Crypto
More than 70,000 crypto-related SARs had been filed with FinCEN since 2013, director Kenneth Blanco said Wednesday.
Crypto Firms Establish Messaging Standard to Deal With FATF Travel Rule
The standard defines a uniform model for data that must be exchanged by crypto firms alongside transactions.
Shyft Network to Build FATF-Compliant 'Identity Layer' for Polkadot
Shyft Network is adding yet another blockchain to its decentralized digital identification network.
FATF Says US 'Largely Compliant' With Virtual Currency Recommendations
A new Financial Action Task Force report says the U.S. is largely in compliance with its recommendations around digital assets, but still has some "minor deficiencies" in its state and federal framework.
Binance Throws Weight Behind Shyft Network in 'Travel Rule' Standards Race
Binance, the world’s largest crypto exchange group, has chosen the Shyft Network to help address a looming regulatory requirement.
Hong Kong to Consider Additional FATF-Style Regulations for Crypto Exchanges
Hong Kong may soon bolster its policing of the cryptocurrency sector to better conform with international anti-money laundering norms.
CoolBitX Raises $16.7M to Make Crypto More Bank-Friendly
In 2020, the startup’s focus is on new products and features that comply with new rules from the Financial Action Task Force.
Inside the Standards Race for Implementing FATF’s Travel Rule
Crypto businesses are figuring out how to comply with the Financial Action Task Force’s “Travel Rule.” And putting technical solutions in place is proving to be just as tricky as the legal and operational issues involved.
