It has been over 5 years since the Financial Action Task Force (FATF) adopted the first version of the Guidance for a Risk-based Approach…

VerifyVASP has reached another new milestone: $200B of verified transfers processed, a testament to the regulated and secure ecosystem…

VerifyVASP hit yet another milestone as of September 2024, successfully completing its 10 millionth verification since inception in 2022.

As an increasing number of jurisdictions align with the Financial Action Task Force (FATF)´s R.15 and 16, Travel Rule implementation is…

We are delighted to welcome OrangeX, a global crypto trading platform registered in the Czech Republic by The Financial Market Supervision…

We are excited to announce a new feature in our dashboard: the Verification Statement.

The Digital Operational Resilience Act (DORA), set to take effect in January 2025, represents a significant regulatory development

In July 2024, the European Banking Authority (EBA) published a final report entitled Guidelines for information requirements related to…

VerifyVASP conducted Travel Rule working groups in Dubai and Abu Dhabi on 15 and 17 July 2024

The Financial Action Task Force (FATF) published its fifth Targeted Update on Implementation of the FATF Standards on VAs and VASPs…

VerifyVASP has reached a new milestone, successfully processing verifications representing over USD 150 billion of assets.

This partnership will allow Bonanza Factory and VerifyVASP to co-create solutions that will better address AML/CFT risks.

The VerifyVASP alliance recently welcomed its 100th member, strengthening a growing, collaborative ecosystem of functioning, validated…

The adoption of standards is a cornerstone in the responsible evolution of the virtual asset industry in many areas, including AML/CFT data…

On 3 May 2024, the Paris-based Association pour le Développement des Actifs Numériques (ADAN) submitted comments to the Financial Action…

SOC 2 Type II details the operational effectiveness of those systems and whether controls are designed and functioning as intended.

VerifyVASP held a series of Travel Rule Working Groups and Roundtables in Paris, Frankfurt, Zurich and London in March 2024. Each session…

The Financial Action Task Force (“FATF”) held its last Plenary in Paris on 21–23 February 2024 which concluded with significant…

Session focused in the practical aspects of the Travel Rule as the industry gears up towards actual implementation in Hong Kong.

XREX Singapore was recently granted in-principle approval by the Monetary Authority of Singapore (MAS) for a Major Payments Institution.

We draw on our experience in supporting VASPs to achieve Travel Rule compliance in accordance with both local regulations & FATF Standards.

VerifyVASP hosted an inaugural Travel Rule Working Group in Taiwan in collaboration with the Taiwan VASP Preparatory Office at Taipei 101.

VerifyVASP Update 2.0 empowers our members with visibility and control in Travel Rule compliance.

VerifyVASP took the initiative to answer each question below and to have our responses reviewed by a Big Four audit firm.