U.K. Crypto Firms Struggle to Implement FATF’s Travel Rule Showcasing Global Challenge for Sector

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Even where implemented, there are discrepancies. Canada, for instance, requires operators to jot down beneficiaries’ postal addresses, while the U.K. doesn’t, and firms are caught in a quandary when handling a transfer between the two, Catarina Veloso, co-chair of lobby group CryptoUK’s travel rule working group, told CoinDesk.

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