compliance-milestone-travel-rule-implemented

Compliance Milestone: Travel Rule implemented

Dear Bitpace Community,

We are delighted to announce a significant milestone in our commitment to regulatory compliance – we are now Travel Rule Compliant, ensuring adherence to global standards, with a particular focus on meeting the mandatory requirements set by the Estonian regulatory authorities.

Key Highlights:

  • Global Readiness:
    • Bitpace is prepared to comply with the travel rule regulations worldwide, aligning with international standards.
  • Estonian Licensing Requirement:
    • According to Estonian regulations, compliance with the travel rule is mandatory for our Estonian-licensed entity.
  • Partnership with Notebene:
    • To facilitate seamless adherence to the travel rule, we have partnered with Notаbene, ensuring Bitpace’s compliance with the requirements
  • Efficient Communication:
    • Notebene’s expertise ensures that our travel rule messages are effectively communicated to the necessary parties, meeting regulatory obligations.
  • Estonian Entity Operational Readiness:
    • With this crucial development, our Estonian entity is now fully equipped to commence operations under its license.

This accomplishment reflects our ongoing commitment to operating with integrity and in full compliance with the regulatory landscape. We believe that adherence to the travel rule requirements is essential for maintaining the trust and confidence of our community and regulatory authorities.

Should you have any inquiries or require further clarification, please feel free to reach out. Thank you for your continued support as we navigate and adapt to the evolving regulatory landscape.