The Payments Association

JANUARY 31, 2025

As crypto reshapes finance, the FATF’s Travel Rule struggles to keep pacecan global regulators close the gap on illicit transactions? Unlike traditional banking, crypto transactions often involve pseudonymous addresses, decentralised platforms, and non-custodial wallets, making it far more difficult to enforce the Travel Rule.

Travel Rule 88

Travel Rule Wire Transfer Rules Wires 88

The Fintech Times

JUNE 3, 2024

The live transaction capabilities are enabled on the Bit2Me , Lirium and Mercado Bitcoin exchanges. Mastercard Crypto Credential supports the exchange of travel rule information for cross-border transactions. Others may extend to NFTs, ticketing, and other payments solutions depending on market and compliance requirements.

Credential 64

Credential Visa Cross-Border Travel Rule 64

Fintech News

JANUARY 24, 2024

Per FATF (Financial Action Task Force) standards, compliance with the Travel Rule mandates DPT services to share client information for transactions, ensuring further safety in digital transfers. They broker exchanges of Bitcoin, Ethereum, Solana, and other digital assets. It claims 50 million customers.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Blockchain 98