Travel Rule
AML/KYC for Crypto-Asset Service Providers
Anti-money laundering and know-your-customer requirements that apply to crypto exchanges, custodians, and other virtual asset service providers under FATF standards and national law.
Elisa de Anda Madrazo: FATF's First Latin American President and Crypto Enforcement Focus
FATF President Elisa de Anda Madrazo — Mexico's representative — brings a developing-country perspective to global AML/CFT standards, with particular focus on crypto's role in narco-finance and the Travel Rule's uneven implementation.
EU's 6th Anti-Money Laundering Package: How Crypto Gets Swept Into TradFi Rules
The EU's AML package extends Financial Action Task Force standards to crypto asset service providers, mandates Travel Rule implementation, and creates a new EU AML Authority. What it means for tokenization businesses.
FATF (Financial Action Task Force)
FATF's role as global AML/CFT standard-setter, the 2019 VASP definition, the Travel Rule for crypto, grey-listing consequences, and the challenge of applying FATF standards to DeFi.
FATF Virtual Asset Guidance: The Anti-Money Laundering Rules That Every Jurisdiction Must Follow
FATF's Recommendation 15 and the Updated Guidance on Virtual Assets define the global AML/CFT framework for crypto — and FATF membership pressure is the single most powerful driver of national crypto AML legislation.
FATF's Travel Rule for Crypto: The Global Data-Sharing Standard for Virtual Asset Transfers
The FATF Travel Rule requires crypto service providers to share originator and beneficiary information for transactions above $1,000 — a data-sharing obligation that has been slower to implement than any other FATF crypto standard.
Travel Rule (Crypto)
The requirement that virtual asset service providers collect and transmit originator and beneficiary information for crypto transfers above a threshold amount, extended from banking to crypto by FATF in 2019.