Coinbase Backed Surveillance Compliance Group 'TRUST' Expands to Europe: 67 Companies are Participating
TRUST, which was originally kick-started in the U.S. by Coinbase (COIN) with help from BitGo, Gemini, Kraken and Fidelity, said earlier this year it had established a footing in Canada and Singapore. As part of its European advancement, the TRUST membership has grown to 67 firms
- TRUST, which was originally kick-started in the U.S. by Coinbase (COIN) with help from BitGo, Gemini, Kraken and Fidelity, said earlier this year it had established a footing in Canada and Singapore. As part of its European advancement, the TRUST membership has grown to 67 firms.
- In mid-2019, the Financial Action Task Force (FATF) ordered crypto service providers to meet its AML guidance, which meant exchanges, trading desks and custodians had to transfer personally identifiable information about their customers along with crypto transactions over a certain threshold.
