Under the FATF's Travel Rule (Recommendation 16), Virtual Asset Service Providers (VASPs) are required to collect and exchange identifying information about the sender and recipient of a transaction once it crosses a jurisdiction's reporting threshold.
This exchange is carried out using Travel Rule protocols: standardized methods that allow different compliance systems to communicate the required data securely. Below is a reference guide to the protocols used by major VASPs that may be encountered through the Blockpass Envoy - Travel Rule Solution service.
| VASP | Type of TR Message | Notes |
| Binance | GTR, email (out-of-network) | GTR is Binance's own Travel Rule network, run by Infozone Technologies. It uses hashed PII with mutual TLS encryption, and falls back to secure email for VASPs outside the network. |
| Kraken | TRUST | Kraken uses TRUST to exchange required Travel Rule data, applying the same encrypted, privacy-preserving approach across its global operations. |
| Bybit | GTR and TRUST | Bybit participates in both major networks — GTR (Binance's network) and TRUST (Coinbase's network) — giving it broad reach depending on which protocol the counterparty supports. |
| OKX | GTR | OKX is onboarded to GTR and also maintains a growing list of direct Travel Rule connections with other major exchanges. |
| Coinbase | TRUST (network operator) | Coinbase operates the TRUST network itself, which now includes over 125 VASPs globally. |
| Gemini | TRUST | Gemini uses TRUST, designed collaboratively by leading exchanges to set a common compliance standard. |
| Crypto.com | GTR / direct connections | Crypto.com maintains established Travel Rule connections with other major exchanges, including through GTR. |
| Upbit (South Korea) | VerifyVASP | A closed, centralised protocol developed by Upbit in partnership with Chainalysis, used primarily among South Korean VASPs. |
| Japan/Taiwan VASPs (e.g. bitFlyer, SBI) | Sygna Bridge | Sygna Bridge is widely used across the Japanese and Taiwanese VASP ecosystem for encrypted PII exchange. |
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