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USDC issuer Circle launches onchain compliance platform 

[Sep 24 5:54 PM] It's an important step toward winning the tokenized RWA market as Circle continues to vye with stablecoin leader Tether.

Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF

[Jul 12 11:36 PM] Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to the latest FATF…

South Africa’s Regulator Tightens Rules for Crypto Asset Transfers via Latest Directive

[May 27 8:13 PM] The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority in South Africa. The FIC…

South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning

[May 4 10:26 PM] The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say…

Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief

[Mar 28 3:24 AM] Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore.

European Banking Authority Launches New Consultation on Crypto Travel Rule

[Nov 27, 2023 11:30 PM] The European Banking Authority (EBA) has recently launched a new consultation process concerning implementing the so-called travel rule for cryptocurrency transactions. The institution is seeking feedback on the defined procedures that crypto…

Gemini’s Travel Rule measures reflect ‘worrying creep’ of overregulation

[Nov 8, 2023 6:34 PM] Gemini will be restricting its UK users to sending only to 58 virtual asset service providers that are registered under the Travel Rule starting Nov. 17. A Trezor analyst argues the measures will go against the principles of Bitcoin and financial…

UK's Travel Rule comes into effect, could halt certain crypto transfers

[Aug 31, 2023 6:37 PM] The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain.

U.K.’s Travel Rule Troubles Showcase Global Challenge for Crypto

[Aug 24, 2023 4:41 AM] Crypto firms in the U.K. have just days to comply with new money laundering guidelines – but they are seeking more guidance given patchy implementation of the rule between jurisdictions.

UK Regulator: Crypto Asset Businesses Expected to Comply with the Travel Rule Starting in September

[Aug 19, 2023 2:00 AM] According to the United Kingdom’s Financial Conduct Authority, crypto asset firms operating in the country will be required to comply with the Financial Action Task Force’s travel rule starting on Sept. 1, 2023. Crypto asset businesses…

UK ‘Travel Rule’ Won’t Completely Nix Transfers to Noncompliant Places, FCA Says

[Aug 17, 2023 7:14 AM] Companies such as PayPal are already halting their crypto payments services in the country as a result of tighter regulations.

Crypto travel rule implementation ‘remains relatively poor,’ says FATF

[Jun 25, 2023 6:56 PM] The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation.

Paris FATF Plenary: Global Implementation of Virtual Asset Standards Remains ‘Relatively Poor’

[Jun 25, 2023 2:30 PM] The third plenary of the Financial Action Task Force (FATF), held in Paris, found a lack of global adoption of the virtual asset recommendations established by the institution. According to evaluations, almost three-quarters of the jurisdictions…

Crypto Exchange bitFlyer Aligns Itself With FATF 'Travel Rule' With New Restrictions

[May 30, 2023 6:22 AM] The company is only allowing crypto and transfers to platforms that comply with Coinbase-led Travel Rule Universal Solution Technology (TRUST).

Japan to Apply Tougher Crypto AML Regulations, ‘Travel Rule’ in June

[May 25, 2023 12:00 AM] Stricter anti-money laundering (AML) measures for the crypto sector in Japan will enter into force next month, local media reported. The new rules were adopted to align the country’s legal framework for cryptocurrencies with global standards in the…

Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report

[May 24, 2023 4:50 AM] Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.

Japan’s crypto Anti-Money Laundering measures to start in June: Report

[May 23, 2023 10:03 PM] The Japanese parliament has decided to roll out tougher AML procedures in line with the “travel rule.”

G-7 Must Take Charge in Ending 'Lawless' Crypto Space, FATF Chief Says

[May 18, 2023 3:52 AM] President of the global financial crimes watchdog, T. Raja Kumar, urged G-7 leaders to "effectively" implement FATF's crypto anti-money laundering norms ahead of their meeting this weekend.

Mastercard Launches Crypto Credential Service for Cross-Border Transfers

[Apr 28, 2023 12:16 PM] The set of verification standards uses technology from the CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquired in late 2021.

EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules

[Apr 21, 2023 8:00 AM] Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply…