Australia to Implement Cryptocurrency "Travel Rule" from July; Exchange Transfers Must Include Sender and Receiver Information
Source：
cointelegraph.com
Event types：
Regulation/Compliance
、
Financing/Fundraising
、
Marketing/Whale
According to Cointelegraph, Australia will officially implement the cryptocurrency "Travel Rule" starting from July. At that time, when users conduct incoming and outgoing transfers on locally regulated cryptocurrency exchanges, they must provide the name and platform information of the payee or payer; when transferring to self-custody wallets, they also need to confirm address ownership. This rule is enforced by the Australian Transaction Reports and Analysis Centre, applies to transfers of all amounts, and aims to strengthen transaction traceability to prevent money laundering, terrorist financing, and fraud activities.
