Travel rules for crypto operators arrive

The text of the regulation on information accompanying the transfer of crypto funds – the so-called Travel Rule – has recently been approved by the European Parliament. This will include crypto assets (Transfer of Funds Regulation).  The measure is part of the EU’s anti-money laundering package and, together with the regulation on cryptoassets (MiCA), is intended to complete the regulatory framework applicable to cryptocurrency-related services.  The regulation aims to ensure that the transfer of crypto-assets can be tracked and therefore suspicious transactions can be blocked by operators, thereby reducing the risk of money laundering or terrorist financing.  To achieve this