Japan’s bitFlyer Implements Money Laundering Measures in Line With FATF ‘Travel Rule’

The alternate has set notification necessities for receiving and sending crypto to TRUST-compliant platforms in a listing of 21 nations, which incorporates Japan, Israel, Gibraltar, Hong Kong, the Bahamas and Switzerland. BitFlyer additional restricts transfers to criticism platforms in these nations to TRUST-compatible crypto belongings reminiscent of bitcoin (BTC), ether (ETH) and several other ERC-20 tokens.