in

Crypto.com Becomes the First Cryptocurrency Exchange to Announce Global Travel Rule AML Compliance Using CipherTrace Traveler

Traveler enables exchanges to overcome the sunrise issue, meeting their compliance obligations, even with VASPs in jurisdictions that have not yet codified travel rule guidance into local law.

Crypto.com has become the first cryptocurrency exchange to announce the use of CipherTrace’s Traveler solution, the first commercial solution to enable compliance with global Anti-Money Laundering (AML) travel rule laws.

CipherTrace released Traveler in March in anticipation of increasing global enforcement of travel rule laws intended to prevent money laundering in cross-border cryptocurrency transactions. Traveler is designed to support virtual asset service providers (VASPs), including cryptocurrency exchanges, custody providers, OTC trading desks, banks and other financial…

Read further.

Coronavirus latest news: UK records just one new Covid death

Coronavirus latest news: UK records just one new Covid death

Wego partners with Yas Island Abu Dhabi to promote destination