Notice on Information Provision When Transferring Virtual Assets (Travel Rule Compliance)
DSRV Labs Co., Ltd. applies the Travel Rule in accordance with the Act on Reporting and Using Specified Financial Transaction Information and its Enforcement Decree. Accordingly, deposit and withdrawal of virtual assets are only permitted through virtual asset service providers (VASPs) that have implemented a Travel Rule solution.
Effective Date: September 25, 2024
Applicable Transactions: Transfers of virtual assets equivalent to KRW 1,000,000 or more
Information to be Provided: Name of the corporation, name of the representative, virtual asset address
Implementation Method: CODE solution
[Important Notes]
If a transaction does not comply with the Travel Rule, the transfer may be restricted. In the case of misdirected deposits, submission of supporting documents may be required, and verification could take several days. Please exercise caution when conducting transactions.
This notice is subject to change based on future amendments to the Act on Reporting and Using Specified Financial Transaction Information and its Enforcement Decree.