Travel Rule Compliance Surges on New Regs, Stablecoin Payments, Notabene Survey Finds

Travel Rule Compliance Surges on New Regs, Stablecoin Payments, Notabene Survey Finds

Notabene’s annual survey of crypto firms found that almost all respondents expect to be Travel Rule compliant by mid-2025.

No exemptions: all CASPs must adopt ‘travel rule’ directive – Moonstone Information Refinery

All crypto asset service providers (CASPs) must implement the “travel rule”, which comes into effect on 30 April, the Financial Sector Conduct Authority (FSCA) and the Financial Intelligence Centre (FIC) said last week. The “travel rule” originates from the Financial Action Task Force’s Recommendation 16, which traditionally applies to wire transfers or electronic funds transfers. Under Recommendation 15 (new technologies), it is extended to cry…