Travel Rule FAQ

What is the Travel Rule?

Travel Rule is a requirements introduced by the Financial Action Task Force (the FATF), and in the EU, it’s also backed by Regulation (EU) 2023/1113. In simple terms, the Travel Rule requires crypto-asset service providers (like Kuna) to share some basic details about the Originator (the one making the transfer) and the Beneficiary (the one getting the transfer) of cryptocurrency transactions. The goal is to improve transparency and reduce the risks of money laundering and terrorism financing. Travel Rule is a requirements introduced by the Financial Action Task Force (the FATF), and in the EU, it’s also backed by Regulation (EU) 2023/1113. In simple terms, the Travel Rule requires crypto-asset service providers (like Kuna) to share some basic details about the Originator (the one making the transfer) and the Beneficiary (the one getting the transfer) of cryptocurrency transactions. The goal is to improve transparency and reduce the risks of money laundering and terrorism financing.

For you as a customer, this means that when you send or receive crypto—especially across different exchanges or to another country—your personal details (like your name and address) might be shared with the receiving institution.

While this might feel like a shift in how things are done, it’s all part of making crypto more secure and safe.

How Kuna complies with the Travel Rule?

Kuna has implemented a technical solution to ensure the exchange of information in line with the Travel Rule requirements, starting from December 30, 2024.

Since January 2025, we have begun extensive testing of the new workflows and are gradually rolling out these updates to our clients.Since January 2025, we have begun extensive testing of the new workflows and are gradually rolling out these updates to our clients.

While no action is required on your part unless we contact you directly, we encourage all clients to familiarise themselves with these changes. We are committed to ensuring that your transactions are processed smoothly and will regularly update our knowledge base to keep you informed. We’ll also provide as much guidance as possible throughout the process.

How to contact Kuna with a question regarding the Travel Rule?

We encourage customers, partners, and other crypto-asset providers to direct any questions or communications regarding the Travel Rule to our dedicated email: [email protected].