Crime Laws Travel Rule 
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.
Neopay
MAY 7, 2024
The Financial Conduct Authority (FCA) is proposing significant updates to its Financial Crime Guide. The FCA aims to assist firms in understanding regulatory expectations while empowering them to assess the adequacy of their financial crime systems and controls. However, the proposed changes don’t stop there.
Fintech News
FEBRUARY 27, 2024
Japan Japan, as a forerunner in the adoption of customised cryptocurrency regulations, rolled out both the Travel Rule and stablecoin regulations in June 2023. South Korea In June 2023, South Korea enacted the Virtual Asset User Protection Act, marking its inaugural comprehensive digital asset law.
Fintech News
JULY 17, 2024
The rapid ascent of cryptocurrency has ushered in a new era of financial innovation, but it has also created novel challenges in combating financial crime. These figures underscore the immense challenge facing regulators and law enforcement agencies in their efforts to curb illicit financial flows in the crypto space.
Neopay
NOVEMBER 27, 2023
These ‘travel rule’ Guidelines specify the steps that Payment Service Providers (PSPs), Intermediary PSPs (IPSPs), crypto-asset service providers (CASPs) and Intermediary CASPs (ICASPs) should take to detect missing or incomplete information that accompanies a transfer of funds or crypto-assets.
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