The Travel Rule requires crypto businesses to collect, verify and share information about digital asset transactions with another crypto company.
CryptoUK, a self-regulatory trade association for the United Kingdom’s crypto industry, released an in-depth guide to navigating the “complications” in complying with the U.K.’s crypto Travel Rule, which aims to bring more transparency to crypto transfers.
The CryptoUK Travel Rule Working Group published a 36-page guide to help crypto businesses navigate the U.K.’s Travel Rule.
Led by Elliptic’s Senior Policy Advisor Mark Aruliah and Notabene’s Regulatory and Compliance Senior Associate Catarina Veloso, the group worked with key stakeholders to provide industry perspectives on compliance challenges.