Join the global Travel Rule network with CodeVASP!
About CodeVASP
Formed by leading crypto exchanges (Bithumb, Coinone, Korbit) for proactive and standardized compliance.
CodeVASP provides VASP with specialized technology solutions and customized compliance services in accordance with global Travel Rule standards that meet the requirements of the Financial Action Task Force(FATF) and regulators.
- Global Leadership
- Global Standard
- Tailored for VASPs
- Korea’s Only
From the blog
Latest News & Articles from the Blog
We aim to provide valuable insights on our blog by delivering timely updates on the latest developments in travel rule regulations, CodeVASP protocols, and alliances.
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Guide
Originator
Withdrawal information
Withdrawal requests
Withdrawal execution
Send verification result
Verification
and delivery of information
Beneficiary
Verification
Withdrawal authorization
Acceptance of deposit
- What is Travel Rule?Travel Rule is a global guideline introduced by the Financial Action Task Force (FATF) to prevent money laundering and terrorist financing. It requires Virtual Asset Service Providers (VASPs) to exchange originator and beneficiary information when transferring digital assets.
- Why CodeVASP as a Travel Rule solution?CodeVASP has one of the longest track records and the deepest expertise in operating Travel Rule. Based on this experience, we provide a wide range of features designed to address the practical challenges faced by VASPs. Also, CodeVASP offers the most extensive VASP network through collaboration with global Travel Rule protocols.
- How does CodeVASP Travel Rule work?Our Travel Rule operates in two main ways, depending on the regulatory requirements of VASPs. One approach is to verify and approve before the blockchain transaction. The other is to request data after the blockchain transaction has been completed.
- Does CodeVASP handle users’ personal data?No, CodeVASP does not handle or store any personal data. Our Travel Rule operates via APIs, and all communication between VASPs is protected with end-to-end encryption. CodeVASP ensures a secure communication channel but cannot access users’ personal data, as it is transmitted in encrypted form.