As the $1T U.S. Infrastructure Bill nears approval, what implications will it have for crypto companies and the broader sector? In this update, we look at where developments currently stand – and where they look likely to go.

The FATF’s Travel Rule is set for its next update this coming November. While the precise form the new guidance will take is not yet clear, the EU and UK are already moving forward with their own interpretations of how to adapt the regulation into their own legal codes.

Although global regulatory watchdog the FATF has not yet released updates to its Travel Rule, accelerating adoption of Virtual Assets (VAs) means changes are likely in the organization’s upcoming October update.

As global implementation of the FATF Travel Rule for VASPs continues to unfold, a growing number of innovative technical solutions have emerged to facilitate compliance. SelfKey’s Compliance Hub solution has added to this vibrant ecosystem, which is paving the way for greater regulation and acceptance of the crypto industry.

As global regulators continue to ramp up Travel Rule compliance regulations for VASPs, SelfKey’s Compliance Hub Solution is gaining momentum ahead of its launch.