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Info

If you haven’t read article on Travel Rule please do so before continuing further as you may need to get familiar with some abbreviations and basic principles first.

History

EU Travel Rule regulation became effective in EU on 1.1.2025. Regulation is independent from the fact whether you are MiCA regulated VASP or not. Main driver behind this regulation was anti-money laundering efforts during the war time in Europe between Russia and Ukraine and the fact that adoption of cryptocurrency and cryptocurrency services in EU will grow when MiCA regulation becomes effective.

Overview

CAS implementation of EU Travel Rule builds on following documents issued by EU ragulators:

  1. Regulation (EU) 2023/1113 of the European Parliament and of the Council of 31 May 2023 on information accompanying transfers of funds and certain crypto-assets and amending Directive (EU) 2015/849 (Text with EEA relevance)

  2. Guidelines on information requirements in relation to transfers of funds and certain crypto-assets transfers under Regulation (EU) 2023/1113

Both of the documents are in English language posted bellow. If you prefer to read regulation in another language please use the links above.

  1. View file
    nameCELEX_32023R1113_EN_TXT.pdf

  2. View file
    nameTravel Rule Guidelines.pdf

Components

CAS implements EU Travel Rule by following components

image-20241212-155224.pngImage Added

Outgoing Transfers

View the transfer logs.

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Travel Rule Settings

Configure your Travel Rule settings.

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Travel Rule Providers

Add or adjust a Travel Rule Provider.

  • You may be your own Travel Rule Provider (“internal”), or you can facilitate with an external provider.

  • We will begin adding additional providers in 2025.

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VASPs

Add or adjust a VASP setting

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image-20241211-155845.png

Note

IMPORTANT

The Travel Rule currently requires that every BUY order must be sent to your customer via

  1. a paper wallet, https://generalbytes.atlassian.net/wiki/spaces/ESD/pages/963281004/Terminal+Settings#Printing-Settings-(for-BATMs-with-attached-printers)

  2. a PDF wallet (see: PDF Wallet Generation),

  3. SMS,

  4. or Email.

There is currently no way (using the TR) to send coin to any other type of wallet!

  • It is impossible to technically identify the owner of the customer-presented wallet, so

  • therefore those wallets do not comply with Travel Rule requirements.

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This feature enables you to comply with your regional Travel Rule legal requirements, and enables compliant transactions for your customers.

Components

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Outgoing Transfers

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Travel Rule Settings

Configure your Travel Rules.

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Travel Rule Providers

Add or adjust a Travel Rule Provider.

  • You may be your own Travel Rule Provider (“internal”), or you can contract with an external provider.

  • We will begin adding additional Providers in 2025.

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VASPs

Add or adjust a VASP:

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Example

This example enables immediate self-hosted compliance for your Organization.

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