AML & Travel Rule
Travel Rule
Requirement that originator and beneficiary identification accompanies crypto-asset transfers between CASPs — EU implementation via TFR.
Definition
The Travel Rule (from FATF Recommendation 16) requires originator and beneficiary information to accompany crypto-asset transfers between CASPs. EU implementation is the TFR (Regulation (EU) 2023/1113) applying from 30 December 2024. Triggered for any transfer above zero between CASPs; self-hosted-wallet thresholds vary.
Regulatory citation