Global Travel Rule (GTR) - The Binance Travel Rule

The Global Travel Rule (GTR) is a compliance infrastructure and system for VASPs. GTR follows the FATF’s Recommendation 16 while creating a singular channel for VASPs and their customers. 

GTR is run by Infozone Technologies PTE, a Binance company.

Binance Travel Rule 

Binance, the leading global crypto exchange by trading volume, founded Global Travel Rule to ensure compliance with the FATF’s Travel Rule. 

All entities of Binance globally are part of GTR. This means through GTR a VASP can transact with any Binance entity - required the VASP performed counterparty due diligence.

According to GTR there are 20 VASPs part of its network in November 2024.