Introducing the first comprehensive solution addressing all FATF Travel Rule regulations on the market. Coinfirm’s all-in-one tool enables to easily transfer, register and report all Travel Rule data, listed in FATF’s guidelines.
Known as the Travel Rule, FATF Travel Rule requires Virtual Asset Service Providers (VASPs) such as cryptocurrency exchanges, digital wallet providers and even some financial institutions including banks dealing with crypto assets, to ensure that certain customer data is disclosed and transferred between counterparties as a part of the cryptocurrency transaction.
VASP identification, risk analysis, case management - Coinfirm’s all-in-one Travel Rule tool delivers the pillars of compliance with FATF recommendations.
Solution for VASP and unhosted wallets, easily to integrate and operate.
“[…], VASP-Unhosted Wallet transactions could be and should be subject to various assessments, checks, and balances from an analytics and risk management perspective.”Pawel Kuskowski
“Coinfirm is using a high-throughput permissioned blockchain for writing the “fingerprint” of a compliant transaction, built on the enterprise-grade DLT Hyperledger Fabric.”Ian Allison
“All businesses and individuals active in the blockchain space should think about how travel rule is likely to affect their operations in various jurisdictions, and put plans in place to address likely implications constructively.”Pawel Kuskowski
“Any nation that does not comply with them [FATF guidelines] by the deadline may be excluded from the global financial network.”Turner Wright