The Paypers

APRIL 1, 2024

Verification provider Sumsub has partnered with payments infrastructure platform Mercuryo to publish a guide about Travel Rule for Virtual Asset Service Providers (VASPs).

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Travel Rule Rules Verification Service Provider 45

Neopay

JULY 18, 2024

The European Banking Authority (EBA) issued new Guidelines on the so-called ‘travel rule’, i.e. the information that should accompany transfers of funds and certain crypto assets. This rule will help tackle the abuse of such transfers for money laundering and terrorist financing purposes.

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Travel Rule Money Laundering Rules Finance 52

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.

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Travel Rule Wire Transfer Rules Wire 88

PYMNTS

NOVEMBER 20, 2019

Travel Rule. Digital currency exchanges reportedly are not happy with this move, given that the guidance seems sure to lead to more expense on the part of those companies in making sure they comply with the new rules. At issue most of all is Recommendation 16 in the FAFT guidance, a so-called “travel rule.”

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Fintech News

FEBRUARY 18, 2024

This includes the development of proprietary technologies such as workflow builders, liveness and deepfake detection, and mechanisms to adhere to the travel rule. “As regulators made the travel rule a compliance requirement, the world is fast evolving to adopt the travel rule.

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Verification Travel Rule Multi-Currency Compliance 120

Neopay

JANUARY 25, 2024

The European Banking Authority (EBA) on 16th January extended its Guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). The amending Guidelines will apply from 30 December 2024.

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The Payments Association

MAY 9, 2025

UK-regulated firms must ensure that complete originator and beneficiary information accompanies all relevant transfers, including specific requirements for crypto-asset service providers under the Travel Rule.

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Correspondent Bank Correspondent ISO 20022 Wire Transfer 88

Fintech News

FEBRUARY 27, 2024

The Securities and Futures Commission (SFC) introduced a mandatory virtual asset service provider (VASP) licensing regime , a groundbreaking move allowing retail cryptocurrency trading for the first time. By the end of December 2023, a total of 31 cryptocurrency service providers had complied with the registration process.

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APACS Regulations Stablecoins Cryptocurrency 131

PYMNTS

JUNE 19, 2020

The rise of contactless and digital transactions, banking apps and various payments service providers has also shaped a payments landscape that can best be described as fragmented. The coalition has said, too, that it is compliant with Financial Action Task Force mandates known as the “travel rule.”

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Fintech News

DECEMBER 12, 2024

The partnership includes successful integration with the Travel Rule compliance solution, ensuring adherence to South Koreas regulatory standards for crypto transactions. BYDFi announced its official membership in South Koreas CODE VASP Alliance. CODE formally welcomed BYDFi’s participation at the same time as a post.

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Travel Rule Compliance AML Money Laundering 52

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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Money Laundering Consulting Finance Travel Rule 52

The Fintech Times

NOVEMBER 27, 2024

Full-cycle verification platform, Sumsub has enhanced its Crypto Transaction Monitoring and Travel Rule solutions following an integration with Elliptic , the cryptoasset risk manager. Together with Elliptic, we can provide powerful tools to streamline compliance, mitigate risks, and stay ahead of emerging threats in the sector.”

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Transactions Financial Crimes Crime Blockchain 59

Fintech News

JULY 17, 2024

Singapore’s Payment Services Act (PSA) brings crypto businesses under regulatory oversight, imposing strict AML/CFT requirements.

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Global Fintech & Digital Assets

JANUARY 8, 2024

In November 2023, the Bank of England , the Financial Conduct Authority , and the Prudential Regulation Authority issued discussion papers and guidance setting out their proposed regulatory framework for stablecoin issuers, related payment systems, and service providers. Standard supervisory powers granted to the HKMA.

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