AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Cryptocurrency FATF Travel Rule Compliance Conference and Hackathon Announced

October 11, 2019

MENLO PARK, Calif.--(BUSINESS WIRE)--Oct 11, 2019--

CipherTrace, the world’s number one provider of cryptocurrency intelligence and blockchain security, has announced the Travel Rule Compliance Conference and Hackathon in San Francisco on November 5 and 6. The event is focused on industry collaboration to develop open solutions that cryptocurrency exchanges, hedge funds, blockchains and banks urgently need to comply with both the FATF and BSA Travel Rules.

In June 2019 the Financial Action Task Force (FATF) announced Virtual Currency recommendations for Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF). These will place dramatic new compliance requirements on cryptocurrency companies. The Travel Rule Compliance Conference and Hackathon is two conferences in one: compliance and regulation; and a technical hackathon to develop and expand open source solutions to these new regulatory requirements.

To register, click here.

The event will break out into two sections:

Day 1 will include seminars from well-known legal, compliance, financial crime, and counter terrorist financing experts.

Attendees will hear about the complexities of FATF Travel Rule compliance and learn how the right solution will help drive mainstream cryptocurrency adoption and the future of the crypto economy. World-leading experts will discuss practical solutions to issues ranging from ways to ensure confidentiality to governance. Presenters will also discuss technical challenges such as a compliance architecture designed for both enterprise-grade speed and scale.

Speakers include:

On Day 2, developers will work with security software gurus to integrate Travel Rule Information Sharing Architecture (TRISA) into their systems. The TRISA architecture is an open source, peer-to-peer design for cryptocurrency companies and blockchain projects to comply with these challenging new regulations. TRISA is designed to integrate with other proprietary and open solutions to the FATF Travel Rule. The reference architecture and open source code is available here https://github.com/trisacrypto/trisa.

Developers will get hands-on guidance from world-class technologists regarding interoperability and integration of virtual asset transaction flows with the Travel Rule Information Architecture (TRISA). Prizes will be given for the most innovative developments during the hackathon.

Stay up to date on the agenda and the latest speakers here: https://ciphertrace.com/travel-rule-conference/.

To register, click here: http://trisa.eventbrite.com

This event is vendor neutral. CipherTrace is a proud sponsor of the event.

About CipherTrace

CipherTrace is the leader in blockchain security. CipherTrace anti-money laundering, blockchain analytics, and crypto threat intel solutions are powered by advanced cryptocurrency intelligence. Financial investigators and auditors use CipherTrace blockchain analytics to trace virtual asset transactions. Leading exchanges, virtual currency businesses, banks, and regulators themselves use CipherTrace to comply with regulation and to monitor compliance. Its quarterly CipherTrace Cryptocurrency Anti-Money Laundering Report has become an authoritative industry data source. CipherTrace was founded in 2015 by experienced Silicon Valley entrepreneurs with deep expertise in cybersecurity, eCrime, payments, banking, encryption, and virtual currencies. The U.S. Department of Homeland Security Science and Technology (S&T) and DARPA initially funded CipherTrace, and it is backed by leading Silicon Valley venture capital investors.

Visit www.ciphertrace.com for more information or follow the company on Twitter @CipherTrace and on LinkedIn.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191011005429/en/

CONTACT: Ben Noble

Director of Public Relations

e:Ben@multiplied.io

t: +1 919-721-3590

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: SOFTWARE BANKING PROFESSIONAL SERVICES OTHER TRAVEL TECHNOLOGY TRAVEL SECURITY OTHER TECHNOLOGY FINANCE

SOURCE: CipherTrace

Copyright Business Wire 2019.

PUB: 10/11/2019 12:09 PM/DISC: 10/11/2019 12:09 PM

http://www.businesswire.com/news/home/20191011005429/en