Recently, Coinbase and 17 other crypto firms launched a ‘Travel Rule Universal Solution Technology’ (TRUST). The platform will enable the group of well-established US companies to achieve compliance with anti-money laundering and countering the financing of terrorism (AML/CFT) obligations–announced the largest crypto exchange in the US. FATF has been releasing guidelines on the Travel Rule, as the intergovernmental organization believes the rule needs to be applied to VASPs.