Coalition of US crypto firms unveils travel rule compliance platform, TRUST

• A coalition of some of the US’s largest crypto firms is rolling out a solution to heightened anti-money laundering standards.
• The travel rule has long been part of the banking world, but until recently, crypto lacked the infrastructure to comply.
• Other travel rule solutions propose a more decentralized approach, in which the technology is usable by all, rather than a members-only platform where a group of firms decide who can compliantly transact.

[Via]