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11/11/2024 2:39:42 PM (GMT+1)

Mesh and Reown are launching wallet ownership verification for Bitcoin to comply with the European Travel Rule, effective December 30, 2024, for cryptocurrency companies 🔐

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Mesh has partnered with Reown to verify wallets in the Bitcoin ecosystem to comply with the new European Banking Authority (EBA) guidelines. Starting December 30, the Travel Rule will require cryptocurrency companies to exchange customer information for transactions over $1000 in order to combat money laundering. Mesh noted a high demand for wallet verification solutions that meet these requirements.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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