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Binance Academy
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What is the Satoshi test and how does it help with the Travel Rule?
Key points to remember
The Travel Rule is a regulatory standard that requires cryptocurrency platforms to collect and share certain details regarding crypto transactions. The goal is to comply with international anti-money laundering regulations.
Binance users may be required to verify ownership of wallet addresses before sending cryptocurrencies to (or receiving cryptocurrencies from) certain platforms.
The Travel Rule is a regulatory standard that requires cryptocurrency platforms to collect and share certain details regarding crypto transactions. The goal is to comply with international anti-money laundering regulations.
Binance users may be required to verify ownership of wallet addresses before sending cryptocurrencies to (or receiving cryptocurrencies from) certain platforms.
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