VerifyVASP implements the Travel Rule, processing $200B in verified transfers since 2022.

VerifyVASP, a virtual asset compliance provider, has made notable progress in implementing the Travel Rule, which requires sharing user information during fund transfers. Since its launch in 2022, it has processed $200 billion in verified transfers and completed 10 million verifications. By verifying the identities of all involved parties, VerifyVASP enhances security and user trust, helping to reduce fraud risks in the virtual asset ecosystem.

October 08, 2024
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