How the FATF Travel Rule Affects Crypto Exchanges in 2024
The cryptocurrency industry spent years treating financial regulations as someone else’s problem. That era is over. The FATF Travel Rule—which requires exchanges to collect and transfer origi...
Source: be1crypto.com
The cryptocurrency industry spent years treating financial regulations as someone else’s problem. That era is over. The FATF Travel Rule—which requires exchanges to collect and transfer originator and beneficiary information for crypto transactions above certain thresholds—has moved from theoretical threat to operational reality across most major markets. As of early 2024, exchanges operating in the…