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.