Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’ (Bitcoin.com News)

Originally published at: https://www.channel-sea.cc/coinbase-and-17-other-crypto-firms-launch-travel-rule-universal-solution-technology-bitcoin-com-news/

On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so…