The Travel Rule has recently seen regulatory implementations in various jurisdictions, but are VASPs complying?

In this episode, Ian Andrews (CMO, Chainalysis) gets that answer and many more from Alice Nawfal, who co-founded and is acting COO of one of the leading Travel Rule solutions, Notabene.

Alice shares her origins working in the decentralized identity space and how she ventured into the intricacies of Travel Rule compliance and the evolving regulatory landscape.

Alice talks about the challenges in creating solutions for seamless cross-border transactions, while highlighting how regulatory clarity, like the EU's MiCA, is poised to revolutionize institutional trust and compliance in the crypto world.

The conversation also focuses on self-hosted wallets and counterparty risk assessments in the crypto space, while offering insights into how the interoperability challenges for travel rule solutions can be solved.

Minute-by-minute episode breakdown

2 | Alice’s journey from getting a MBA, going through YC and ending up in decentralized identity

4 | How to solve the identification problem using a trustless decentralized approach

8 | How does Notabene approach decentralized ID and what is the Travel Rule

12 | Has Travel Rule adoption improved over the last 2 years?

16 | The major impact on the Travel Rule on crypto transactions

22 | Facilitating real-time counterparty risk checks for secure transactions

28 | Proof of ownership for self-hosted wallets to solve for EU Transfer Rule requirements

33 | Solving interoperability challenges in the Travel Rule industry

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

Website: Notabene: The ONLY Pre-Transaction Travel Rule Solution
Report: The State of Crypto Travel Rule Compliance Report 2024 (Available Now)
Training: Notabene Academy: Curated learning resources designed to help accelerate your success as a Travel Rule Compliance expert
Announcement: European Blockchain Convention (EBC2024): Join Notabene Team in Barcelona
Blog: How Can VASPs Ensure Travel Rule Compliance During Transactions With Self-Hosted Wallets?
Blog: 2024 Crypto Crime Mid-year Update Part 1: Cybercrime Climbs as Exchange Thieves and Ransomware Attackers Grow Bolder
Blog: MiCA’s Stablecoin Regime and Its Remaining Challenges: Part 1 | Part 2 | Part 3
YouTube: Chainalysis YouTube page
Twitter: Chainalysis Twitter: Building trust in blockchain
Tik Tok: Building trust in #blockchains among people, businesses, and governments
Telegram: Chainalysis on Telegram

Speakers on today’s episode

Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)
Alice Nawfal (Co-Founder & COO, Notabene)

This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein.

Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.

Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.

Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

THE 5 LOVE LANGUAGES - Commented Book

top audiobooks

The Love Language of Quality Time

Remember Everything You Learn from Podcasts