Dossiers
Travel rule dossier
Every transfer between licensed providers must carry sender and recipient information. This dossier explains how it works and where it clashes with self-custody.
Timeline
- EU transfer regulation makes the travel rule mandatory for crypto payments.
- Providers routinely ask where outgoing transfers are going.
- Supervisors tighten requirements for transfers to self-hosted wallets.
How the rule works
The sending provider attaches name, account or address details and sometimes date of birth. The receiving party verifies the data before releasing funds.
If information is missing, the transfer can be delayed, returned or refused.
- Applies above and below thresholds depending on the country
- Stablecoin transfers are covered too
- Refusal is possible with incomplete data
Self-custody and proof of ownership
When sending to your own wallet, the provider may ask you to prove the address is yours with a signed message or a small test transaction.
Keep that proof: the next withdrawal to the same address will clear faster.
Frequently asked questions
Can I still withdraw to my own wallet?
Yes, though you may be asked to verify that the address belongs to you.
Why do withdrawals sometimes take longer?
The receiving party checks the attached data; a mismatch triggers manual review.