EBA issues guidelines on travel rule for crypto transfers

New guidelines from the European Banking Authority (EBA) will steer crypto-asset service providers (CASPs) in applying the so-called 'travel rule', requiring counterparties to pass on identifying information about the originators and beneficiaries of crypto transfers.

By Sara Lewis, in Brussels

New guidelines [1] from the European Banking Authority (EBA) will steer crypto-asset service providers (CASPs) in applying the so-called 'travel rule', requiring counterparties to pass on identifying information about the originators and beneficiaries of crypto transfers.