Glossary
Travel Rule
A FATF guideline that requires originator and beneficiary information to travel with crypto transfers between regulated VASPs above a threshold.
Originally a US banking rule, the Travel Rule was extended to crypto by the Financial Action Task Force (FATF) in 2019. Regulated virtual asset service providers — exchanges, custodians, brokers — must attach identifying information about both sender and recipient to transfers above a threshold (commonly USD 1,000 / EUR 1,000).
Implementing this for blockchain transfers, where the protocol itself carries no such metadata, requires off-chain messaging networks (TRP, Sygna, Notabene, Veriscope) that VASPs use to exchange the data.