Coinbase Has Announced the Expansion of Travel Rule Universal Solution Technology

Coinbase has announced the expansion of Travel Rule Universal Solution Technology (TRUST), a group of leading crypto firms dedicated to ensuring compliance with the FATF’s Travel Rule. #Coinbase Announced International Expansion of Travel Rule Universal Solution Technology https://t.co/Zih8MscnEP#btc #LUNA #NFTs #Nifty #cryptotrading #BurnLunaNow #CRYPTO — Pixiu (@pixiuAI) May 26, 2022 Expansion of TRUST According to the official blog article, TRUST has gone live in Canada and Singapore. Other worldwide jurisdictions, including Europe, are currently being considered. According to Coinbase, the company is seeking to extend its compliance services, including security precautions, to virtual asset service providers (VASPs) worldwide. TRUST has added several global platforms to its membership, and the number has now grown to 36. Apart from the original – Coinbase, BitGo, Gemini, Kraken, and Fidelity, the coalition has added Amber Group, Anchorage, Balance, Binance US, bitFlyer, Bittrex, BlockFi, BlocPal, Cake DeFi, Circle, Coinhako, Coinsmart, Coinsquare, Crypto.com, Custodia, Netcoins, Nexo, Paxos, Robinhood, sFOX, Shakepay, among others. The post further read, “The rapid expansion of TRUST in the United States and internationally marks a significant milestone in becoming the industry-standard solution for Travel Rule compliance. And this is only the beginning. Over the coming year, we anticipate that TRUST will welcome many new ...