The Financial Conduct Authority (FCA) has set out its expectations for UK crypto-asset businesses in regards to complying with the travel rule.
UK crypto-asset businesses in the UK will be required to collect, verify and share information about crypto-asset transfers, known as the Travel Rule, from 1 September 2023.
The Financial Action Task Force (FATF) has called on other jurisdictions to “swiftly” implement the travel rule, which aligns practices for crypto-...