Remove NFTs Remove Payment Solutions Remove Travel Rule
article thumbnail

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

The Fintech Times

Mastercard Crypto Credential supports the exchange of travel rule information for cross-border transactions. The travel rule is a regulatory requirement to ensure transparency and prevent potentially illegal and illicit activities.

article thumbnail

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. Entities providing DPT services before 28 January 2020 are temporarily exempted from licensing under specific conditions.