We’ve Been Busy Building again
The last few months at CryptoSwift have been intense in a good way. One of the most exciting developments has been our work on improving the Travel Rule risk score. Here’s What’s New at CryptoSwift. We’ve shipped a lot. Enough that I had to think twice about whether this should be one blog post or […]
Introducing the Self-Hosted Wallet Verification Widget
Book a demo One of the key requirements for meeting Travel Rule compliance is verifying self-hosted (or non-custodial) crypto wallets, a process known as self-hosted wallet verification. While there are solutions available, they’re often rigid and don’t cover the variety of wallets and use cases that businesses face today. We’ve seen this gap firsthand and […]
Travel Rule Implementation in Crypto: Pre-Transaction vs. Post-Transaction Flow
The EU’s Transfer of Funds Regulation (Regulation (EU) 2023/1113), part of the broader MiCA framework, has introduced stringent requirements to bring crypto markets in line with anti-money laundering (AML) standards. At the heart of Travel Rule implementation, these efforts lies the Travel Rule: the requirement for crypto-asset service providers (CASPs) to collect and transmit originator […]
Complete Guide to Travel Rule Compliance
Understanding the Travel Rule The Travel Rule is a regulatory measure designed to combat money laundering and terrorism financing. Developed by the Financial Action Task Force (FATF), this rule requires Virtual Asset Service Providers (VASPs) to collect and share specific information about transaction originators and beneficiaries. It’s a vital part of global efforts to ensure […]
Are You Ready for MiCA and the Travel Rule?
The clock is ticking for crypto-asset service providers (CASPs) in the European Union. With the Markets in Crypto-Assets Regulation (MiCA) and Transfer of Funds Regulation (TFR) introducing strict compliance requirements, CASPs must act now to ensure they remain operational and competitive in the evolving regulatory landscape. At CryptoSwift, we understand the challenges these regulations pose […]
MiCA and the Travel Rule: key data and self-hosted wallets explained
As crypto service providers begin implementing the Travel Rule, they often encounter challenges due to the complexity of the regulation and the difficulty in navigating various information sources…
Navigating the crypto Travel Rule challenges
Let’s go over the challenges VASPs face when it comes to the crypto Travel Rule and look at a solution that will help them accomplish compliance smoothly.