Travel Rule is a system to understand where digital assets come from and where they go.
In order to prevent money laundering, the existing financial sector records remitter information in accordance with the format required by the Society for International Banking and Telecommunications (SWIFT), and was introduced to ensure safe deposits and withdrawals and prevent money laundering in the digital asset ecosystem.
* Upbit is faithfully implementing the travel rules and is considering a variety of digital asset deposit and withdrawal methods to minimize inconvenience to members.