Remove Compliance Remove Reporting Requirements Remove Travel Rule
article thumbnail

PayPal joins the TRUST network to boost its regulatory compliance

The Paypers

US-based PayPal has joined the Travel Rule Universal Solution Technology (TRUST) network in order to update its reporting requirements regarding the digital assets travel rule.

article thumbnail

Understanding Crypto Money Laundering, and How to Get a Handle on It

Fintech News

The enhanced anonymity features of privacy coins make them particularly attractive to illicit actors, posing significant challenges for law enforcement and compliance professionals. Transfers Just Under Reporting Thresholds The report highlights noticeable surges in transfers just below the US$1,000, US$3,000, and US$10,000 thresholds.