What FATF Recommendation 15 Virtual Asset Service Provider Travel Rule - 2025 Targeted Update and Best Practices Guidance requires
Virtual Asset Service Providers (VASPs) operating in any of the 85 jurisdictions (of 117 surveyed in the 2025 FATF targeted update, up from 65 in 2024) that have passed legislation implementing the FATF Recommendation 15 Travel Rule for AML/CFT on virtual assets must comply with their local implementation including transmitting required originator and beneficiary information with VA transfers, submit to risk assessment and supervisory inspections (where only 33 percent of 138 assessed jurisdictions satisfactorily require VASP licensing or registration as of 2025, with only one jurisdiction fully compliant with Recommendation 15 as of April 2025), and apply the FATF Best Practices on Travel Rule Supervision to operationalise compliance.
Pillar: Crypto & Sovereign Finance · Authority: Financial Action Task Force (FATF) · Version: 1.0.0 · Last updated:
Primary source: https://www.fatf-gafi.org/en/topics/virtual-assets.html
SHA-256 integrity: 069f092d9cb3277f93f8b988494dc2754147863d3e15506cfc154b5d34817b1c
Primary Citations — 6 traced to source
- For the 2025 survey, 73 percent of respondents (85 of 117 jurisdictions) have passed legislation implementing the Travel Rule, with the number of jurisdictions implementing it increasing to 85 in 2025 from 65 jurisdictions in 2024.
- Jurisdictions have made insufficient progress in implementing the Travel Rule, which is a key AML/CFT measure; however, when focusing on countries with materially important VA sectors, the picture is better, with a majority having the core measures in place.
+ 4 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/fatf-recommendation-15-vasps-travel-rule-2025.json — 6-field metadata
- Vault (full node): /api/v1/vault/nodes/fatf-recommendation-15-vasps-travel-rule-2025.json — full 13-key payload, $0.01 USDC (L402/Skyfire/Direct Base)
- Canonical URL: https://bidda.com/intelligence/fatf-recommendation-15-vasps-travel-rule-2025
- Back to registry: Browse all 10,099 compliance nodes