Few Crypto Firms Even Trying to Comply With FATF's ‘Travel Rule’

“If you perform international transactions, and most VASPs do, then you have to not just worry about what FinCEN says, for example, you have to worry about what the [Monetary Authority of Singapore] says or what the South Korean regulator says, or it's going to start really affecting your transaction volume. This is what we're seeing that's actually driving most of the adoption right now.”