TRUST, the crypto travel rule approach kickstarted by coinbase has expanded into Europe and grown its membership to 67 firms. IanAllison123 reports
, is now emerging as the consortium with the most industry weight behind it.
Sascha Rangoonwala, Coinbase's Head of Germany, said TRUST now has members from Germany, the U.K., Switzerland, Ireland, Lithuania, Austria and the Netherlands. “The expansion of the TRUST coalition to Europe marks a significant milestone in Coinbase’s journey to become the global industry-standard solution for Travel Rule compliance,” Rangoonwala said in an email. “Our rapid expansion is a result of TRUST’s ability to adapt to different jurisdictions' Travel Rule requirements while also prioritizing customer privacy and security.”
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