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Mastercard Takes Official First Step in World of Crypto: Mastercard Crypto Credential Goes Live

The Fintech Times

Users will be able to send cross-border and domestic transfers across multiple currencies and blockchains. Mastercard Crypto Credential supports the exchange of travel rule information for cross-border transactions.

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Here Are All The Licensed Crypto Services Providers in Singapore

Fintech News

Per FATF (Financial Action Task Force) standards, compliance with the Travel Rule mandates DPT services to share client information for transactions, ensuring further safety in digital transfers. It also lays out a modular licensing framework comprising three different license classes. It claims 50 million customers.

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In the age of crypto, is FATF playing catch-up on Recommendation 16?

The Payments Association

As crypto reshapes finance, the FATF’s Travel Rule struggles to keep pacecan global regulators close the gap on illicit transactions? Unlike traditional banking, crypto transactions often involve pseudonymous addresses, decentralised platforms, and non-custodial wallets, making it far more difficult to enforce the Travel Rule.