Japan has also brought lesser-known places like Anguilla and Oman into the Travel Rule; China, Russia, Vietnam, and Russia will still have to wait a bit longer. As the global regulatory puzzle becomes more fragmented, exchange compliance systems are likely going to have to work overtime again to update and rewrite code.

Japan's Financial Services Agency (FSA) and the Ministry of Finance have announced a revised notice, adding five new jurisdictions to which the Travel Rule applies when transferring crypto assets and electronic payment methods requiring notification of sender and receiver information: Anguilla, Oman, Cuba, Dominica, and Botswana. This expands the total number of applicable jurisdictions to 63, and the revision will take effect on August 3. China, Vietnam, and Russia are not yet included because they have not established rules equivalent to Japan's notification obligations; however, Japanese exchanges and others must still collect and retain relevant information for wallet transactions in non-applicable jurisdictions. (CoinPost)