Sumsub and Mercuryo have collaborated to publish a guide titled “Mastering Travel Rule Compliance,” aimed at assisting Virtual Asset Service Providers (VASPs) in understanding and implementing the Travel Rule to ensure compliance and support business growth. The guide addresses the complexity of the regulation, provides practical solutions to stay compliant, and emphasizes the importance of adhering to the Financial Action Task Force’s (FATF) Travel Rule for anti-money laundering (AML) and counter-terrorism financing (CTF) efforts. Additionally, Sumsub’s recent partnership with Chainalysis enhances its capabilities in compliance for crypto markets, offering automated transaction monitoring and advanced analytics for effective risk management.
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