UK Crypto Firms Struggle to Implement FATF’s Travel Rule Showcasing Global Challenge for Sector

Bybit
UK Crypto Firms Struggle to Implement FATF's Travel Rule Showcasing Global Challenge for Sector
Blockcard

[ad_1]

Even where implemented, there are discrepancies. Canada, for instance, requires operators to jot down beneficiaries’ postal addresses, while the U.K. doesn’t, and firms are caught in a quandary when handling a transfer between the two, Caterina Veloso, co-chair of lobby group CryptoUK’s travel rule working group, told CoinDesk.

[ad_2]

Source link

Blockcard