1/ Starting 1st September 2023, the UK based #crypto businesses must comply with the #FATFTravelRule.
18 Aug 2023, 17:30
1/ Starting 1st September 2023, the UK based #crypto businesses must comply with the #FATFTravelRule.
It mandates collecting, verifying, and sharing info about #cryptotransfers. 🇬🇧🔒
Same news in other sources
218 Aug 2023, 17:30
3/ It also insists that UK #cryptofirms must still collect and verify data as per money laundering rules when handling crypto transactions from non-compliant jurisdictions.
Incomplete incoming transfers require a risk-based assessment by the firm before releasing assets. 📝🔍
3/ It also insists that UK #cryptofirms must still collect and verify data as per money laundering rules when handling crypto tr
3/ It also insists that UK #cryptofirms must still collect and verify data as per money laundering rules when handling crypto transactions from non-compliant jurisdictions.
Incomplete incoming transfers require a risk-based assessment by the firm before releasing assets. 📝🔍
18 Aug 2023, 17:30
2/ Moreover, in its latest blog post, @TheFCA writes that it expects UK firms to comply with this #TravelRule, even when using third-party services and for transactions involving users in other compliant jurisdictions. 🌐💼
2/ Moreover, in its latest blog post, @TheFCA writes that it expects UK firms to comply with this #TravelRule, even when using t
2/ Moreover, in its latest blog post, @TheFCA writes that it expects UK firms to comply with this #TravelRule, even when using third-party services and for transactions involving users in other compliant jurisdictions. 🌐💼