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.
The Fintech Times
JUNE 3, 2024
Mastercard Crypto Credential supports the exchange of travel rule information for cross-border transactions. The travel rule is a regulatory requirement to ensure transparency and prevent potentially illegal and illicit activities.
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. Entities providing DPT services before 28 January 2020 are temporarily exempted from licensing under specific conditions.
Expert insights. Personalized for you.
88 
Let's personalize your content