The travel rule requires regulated businesses to share certain originator and beneficiary information when virtual assets move between institutions above a set threshold. It mirrors long-standing rules for traditional wire transfers.
What information travels
For a covered transfer, identifying details about the sender and the recipient accompany the transaction. This lets the receiving institution understand who is on each side, consistent with its own compliance obligations.
- The name of the originator and the beneficiary
- Account or wallet references for each party
- Originator address or other identifying detail as required
- The relevant institution identifiers on each side
How it affects your trades
In practice the travel rule works in the background. When you settle to or from another regulated institution, the required information is exchanged through secure channels, and your delivery proceeds as normal.
Occasionally we may ask you to confirm details about a counterparty or destination so a covered transfer can be completed. Providing this promptly keeps your settlement on track.