The Travel Rule is a global regulatory standard that requires Virtual Asset Service Providers (VASPs) to share certain information about originators and beneficiaries of crypto transactions. The goal is to enhance transparency and combat financial crimes such as money laundering and terrorism financing.

To comply with the recommendations set forth in the "Financial Action Task Force standards on Virtual Assets and Virtual Asset Service Providers" and the associated solution provided by Global Travel Rule (hereinafter referred to as "GTR"), Binance Bahrain (“Binance Bahrain B.S.C. (c)” or “the Company”) will implement the following measures to ensure compliance with the Central Bank of Bahrain regulations relating to the Travel Rule.

In an increasingly regulated financial world, implementing the Travel Rule is paramount for compliance and operational success. With EU Regulation 2023/1113 setting a compliance deadline of December 30, 2024, and the UK's recent implementation of Travel Rule stirring the sector, the time to act is now.

HashKey Global, a leading licensed virtual asset exchange, is pleased to announce its strategic partnership with the Global Travel Rule (GTR) Alliance. This collaboration underscores HashKey Global's dedication to upholding the highest standards of regulatory compliance, security, and interoperability within the rapidly evolving digital asset sector.

We are pleased to share that Ceffu, an institutional-grade custody platform, is now integrated with the Global Travel Rule (GTR) and has joined the GTR alliance. This significant development offers a competitive advantage for Ceffu's clients, as access to our GTR platform and network facilitates seamless and efficient compliance with the 'Travel Rule,' one of the key international anti-money-laundering rules, where required by local regulators.

We are delighted to announce that Global Travel Rule (GTR) has secured the renowned ISO 27001 and ISO 27701 certifications for meeting the international standards in information security governance and privacy information management. These latest achievements are part of our broader efforts to incorporate industry best practices across our operations.