According to a report by PANews on April 23, CoinDesk cited Notabene's latest "2025 Travel Rule Compliance Report," which shows that among 91 surveyed Virtual Asset Service Providers (VASPs), 90% expect to be fully compliant with anti-money laundering travel rules by mid-2025, and all respondents have committed to meeting the standards by the end of the year. The report highlights that with the positive regulatory shift in the US toward cryptocurrencies and the enforcement of the EU's Funds Transfer Regulation, the proportion of VASPs requiring beneficiary information confirmation before allowing withdrawals has significantly increased from 2.9% in 2024 to 15.4%. Approximately 20% of VASPs have started refunding transaction initiators who did not provide complete information. Notabene's CEO stated that despite accelerated compliance progress, the lack of interoperability among systems across jurisdictions remains a major challenge.

PANews reported on April 23 that according to CoinDesk, Notabene's latest "2025 Travel Rule Compliance Report" shows that 90% of the 91 surveyed virtual asset service providers are expected to fully comply with the anti-money laundering travel rule by mid-2025, and all surveyed institutions have pledged to meet the standards by the end of the year. The report pointed out that with the positive attitude of the United States towards cryptocurrency regulation and the entry into force of the EU Fund Transfer Regulation, the proportion of VASPs that require confirmation of beneficiary information before allowing withdrawals has increased significantly from 2.9% in 2024 to 15.4%, and about 20% of VASPs have begun to refund transaction initiators who have not provided complete information. Notabene's CEO said that despite the accelerated compliance process, the lack of interoperability between systems in various jurisdictions remains a major challenge.

Report: 90% of Crypto Companies Expect to Comply with Travel Rule by Mid-2025