Travel Rule Compliance
🚧 Coming Soon
Reach out to Support, your Paxos Representative or contact us for details about upcoming releases.
Paxos supports the Travel Rule to ensure region-based compliance in certain geographies. The Crypto Travel Rule requires virtual asset service providers (VASPs) like banks, exchanges, custodial solutions, and financial service providers to identify and share the origins and destinations of crypto transactions above a specific threshold. Entities onboarded to these geographies must adhere to Travel Rule checks when depositing and withdrawing crypto to and from the Paxos platform.
Reach out to Support or your Paxos Representative with questions or problems.
Crypto Deposit Travel Rule Requirements​
Incoming deposits from a new crypto address must be explicitly resolved.
- For individual senders, the deposit must include the sender's first and last name.
- For institutional senders, the deposit must include the institution name.
Transfers that do not include the necessary information will be flagged and potentially delayed.
Crypto Withdrawal Travel Rule Requirements​
Crypto withdrawals can only be made to saved addresses that include beneficiary details. To transfer crypto off the Paxos platform, the recipient address must be hosted by one of the Virtual Asset Service Provider organizations.