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[Important] Travel Rule Implementation Notice (effective from 10th October 2023)

LocalCoinSwap

Related type: Others

2023-10-06 12:55

![] Dear Traders, Following our earlier [announcement], Upbit Singapore will implement Travel Rule on 10th October 2023. As we approach the implementation date, we wanted to inform you that deposits and withdrawals of digital assets will be affected. Please read this announcement carefully. Key Changes: - Digital asset transfers will be permitted only from/to approved VASPs or verified private wallets. - We will collect additional information from you to facilitate transfers. - We will submit your information to the counterparty VASP that will be required for the transfer. - We will verify the declared beneficiary or originator information before effecting any digital asset transfers. - We will allow digital asset transfers from/to a private wallet only if you can verify the ownership of the private key of the wallet. - Any digital asset transfers in or out will be rejected if the required information is not collected or the verification of the information is not successful. Approved VASPs : - Binance - Bitget - BitMEX - Bybit - Coinhako - Crypto. com - HTX - OKX - StraitsX - Upbit Indonesia - Upbit Korea - Upbit Thailand Approved Private Wallet Service: - MetaMask Thank you Upbit Team. Find us on: - X: [https://twitter.com/upbitglobal] - Instagram : [https://www.instagram.com/upbit.exchange]