Even where implemented, there are discrepancies. Canada, for instance, requires operators to jot down beneficiariesโ postal addresses, while the U.K. doesnโt, and firms are caught in a quandary when handling a transfer between the two, Caterina Veloso, co-chair of lobby group CryptoUKโs travel rule working group, told CoinDesk.
UK Crypto Firms Struggle to Implement FATF’s Travel Rule Showcasing Global Challenge for Sector
