"Several Technical Solution Providers have already committed to comply with IVMS101, so they’ll all be talking the same language, which means VASPs around the world will be able to understand them" explains @COINSULT on https://t.co/PXlABxN22M. https://t.co/sCOGYk0rnn
"The idea was born to develop a common universal language for the data to be exchanged between VASPs" says @COINSULT on her time at at the @V20Osaka, when she and @Malcolm_1111 highlighted the importance of standards in meeting #TravelRule requirements. https://t.co/sCOGYki2eV
A great read on 'The Regulator' featuring our Technical Editor @neilsamtani from @XReg_Consulting on the process of compiling the IVMS101 global messaging standard in collaboration with 130+ technical experts who contributed to the #FATF#TravelRule work.
https://t.co/zhwNF5AGAX
I wrote about about @interVASPorg for @CoinDesk in Feb when the Joint Working Group had only just kicked off. Now they’ve completed their first technical standard IVMS101 and you can download it here: https://t.co/Ycw5cq0IqG
The @EU_Commission has published its Action Plan for a comprehensive EU policy on preventing Money Laundering & Terrorist Financing. A consultation paper (open until 29 July 2020) is seeking feedback on the proposal, writes @XRegErnest of @XReg_Consulting.
https://t.co/kxXWoqMIiY
@davejevans of @ciphertrace has confirmed that the Travel Rule Information Sharing Architecture (TRISA) group has implemented IVMS101 and integrated the standard into the source code on their open source github.
Download IVMS101 at the website: https://t.co/xNVmyXwFt7
.@neilsamtani (@XReg_Consulting) over the last 19wks, whilst you expertly scribed the #interVASP Messaging Standard for the Joint Working Group, did you ever expect that it was going to get this much airtime at @CoinDesk's #ConsensusDistributed, the biggest crypto event globally?
@MarcHochstein says QWERTY is an example of a suboptimal standard that we’re stuck with. Standards are something you want to get right. He asked @AmyDavineKim of @DigitalChamber how @interVASPorg tackled the challenge to develop a standard that is actually fit for purpose?
#ConsensusDistributed asks "IS CRYPTO READY FOR THE TRAVEL RULE?"
Well, we now have a common language by which VASPs can communicate. We have the building blocks. We are making progress.
#TravelRule#FATF#interVASP
Download #IVMS101 now https://t.co/A6Ys83xXNs
For background on the importance of standards like IVMS101, read this great article by @leah_cb of @emfarsis
on @Coindesk featuring JWG participant @AlexandreKech
of @oncustodian (#ConsensusDistributed speaker) offering his view on developing standards
https://t.co/DLPH3Eazot