1/ The #CryptoTravelRule comes into force in the UK from today.
01 Sep 2023, 19:10
1/ The #CryptoTravelRule comes into force in the UK from today. 🇬🇧
All UK-based #crypto businesses are required to collect & verify transaction details.
If you're a VASP, incoming payments from non-compliant jurisdictions will need a "risk-based assessment."
#UKregulations
Same news in other sources
201 Sep 2023, 19:10
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3/ Looking for a Travel Rule solution. Shyft Veriscope offers:. Fully Automated VASP discovery.
3/ Looking for a Travel Rule solution? 🛠️ Shyft Veriscope offers:
Fully Automated VASP discovery 🎯
Data retention & broad asset coverage 📚
Secure #P2P data transfers 🛡️
#Interoperability with other solutions 🔄
Reach out to our BizDev team for info 👉
01 Sep 2023, 19:10
2/ Keep in mind: This regulation also impacts UK residents making payments abroad.
Both incoming and outgoing #cryptotransactions fall under this rule, affecting the entire transaction ecosystem. 🌍
2/ Keep in mind: This regulation also impacts UK residents making payments abroad.
2/ Keep in mind: This regulation also impacts UK residents making payments abroad.
Both incoming and outgoing #cryptotransactions fall under this rule, affecting the entire transaction ecosystem. 🌍