Search results for travel rule
Crypto
Hana Bank joins hands with Upbit Global to co-research Travel Rule technology
Hana Bank will work with Upbit Global on technical cooperation to build a Travel Rule-based infrastructure for digital asset transfers. The bank said it signed an MOU at its headquarters in central Seoul to support safe transfers and establish a basis for regulatory compliance. The two sides plan to jointly respond to changes in laws and regulations, and to research and test transfer technology and infrastructure.
AI & Enterprise
Why a Korea-focused blockchain Maroo is drawing attention as Tiger Research releases analysis report
Tiger Research, a Web3-focused research firm, released an analysis report on Maroo, a layer-1 blockchain being developed by Hashed Open Finance under Hashed to target stablecoins. The report says Maroo embeds transaction rules at the chain level through a Legal Oracle committee and a programmable compliance layer, enabling network-wide updates when regulations change. It also highlights use of the won stablecoin OKRW as the base unit and a design allowing asset freezes and recovery in emergencies.
Crypto
Thailand expands crypto travel rule, mandates verification for self-custody wallets
Thailand is introducing a travel rule covering self-custody wallets to strengthen anti-money laundering measures for cryptocurrencies. The key change requires verification of wallet ownership or control even for transactions involving personal wallets that do not go through regulated operators such as exchanges. The Thai SEC has finalised risk management rules for transfers and receipts of digital assets, which take effect on Feb. 27 next year, giving operators about six months to prepare systems.
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Crypto
Danal to pursue stablecoin payments with VASP INX
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Crypto
Singapore, Hong Kong, Japan emerge as test beds for stablecoin payment networks
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Crypto
Clarity bill pushed to September as bitcoin sets August high
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Crypto
Lambda256 upgrades CLAIR FDS/AML solution for financial institutions
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Crypto
South Korea to scrap 1 million won threshold for travel rule, tighten major shareholder screening at digital asset exchanges
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Crypto
BitMart withdrawal delays spark user funds concerns after closure announcement
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Crypto
BitMart to wind down crypto exchange after 9 years, to end operations in January 2027
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Crypto
FATF urges faster enforcement of crypto anti-money laundering rules amid rise in stablecoin crime
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Crypto
U.S. banks call for stablecoin rules to cover secondary market trading
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Crypto
Dunamu launches Upbit Skills for AI agents to lower API barrier
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Crypto
Exchanges push to cut fee reliance as digital asset results freeze
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Crypto
Eyes on amended AML enforcement decree as industry fears burden from digital asset rules
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Crypto
Solana unveils enterprise blockchain platform with Mastercard, Western Union among participants
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Finance
K Bank to support digital asset-based remittance and payment services between South Korea and UAE
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Crypto
Lee Eok-won vows to crack down on crypto money laundering, expand travel rule to transactions under 1 million won