In Banking First, ING Develops FATF-Friendly Protocol for Tracking Crypto Transf

[Tnoy30]

ING Bank, the Netherlands-based lender with a penchant for blockchain, has developed a protocol to assist with the Financial Action Task Force’s Travel Rule requirement for crypto exchanges and firms dealing in digital assets.

The solution initiated by ING – currently dubbed the Travel Rule Protocol or TRP – has also been backed by Standard Chartered Bank, Fidelity Digital Assets and BitGo, plus a gaggle of other familiar firms from the crypto space.
Read on: https://www.coindesk.com/in-banking-first-ing-develops-fatf-friendly-protocol-for-tracking-crypto-transfers