Travel Rules on Japanese crypto asset exchanges

Thank you for always choosing Livecasino.io. We are an online casino specializing in cryptocurrencies, and the use of virtual currencies has helped our customers have a better experience on our site over the years.

To ensure that you can enjoy the benefits of virtual currencies and continue playing on our site, we will provide you with helpful guidelines.

Overview of the Travel Rule:

The Travel Rule is a rule in domestic cryptocurrency exchanges where the sending exchange needs to provide detailed information to the receiving exchange. This rule was established by the Financial Action Task Force (FATF) as a measure against money laundering and counterterrorism financing.

From April 1, 2022, the "Travel Rule" has been implemented in domestic cryptocurrency exchanges. Users of domestic exchanges are required to provide detailed transaction information. Reference: Japan Virtual and Crypto Assets Exchange Association
Around June 2023, new conditions were added due to the revision of the "Act on Prevention of Transfer of Criminal Proceeds." Only transfers within the same system (TRUST or SYGNA) adopted by the target domestic exchange are allowed. Reference: Financial Services Agency (FSA).

Please note that due to this revision, "the same transfer methods before June 2023 may not be available."

Our recommended deposit and withdrawal methods

To ensure smooth deposits and withdrawals for our players, we recommend using one of the following two wallets:

Through a private wallet (e.g. MetaMask, Exodus, or hardware wallets like Trezor).
Through wallets in overseas exchanges (e.g. Bybit).

※ If you choose to use an overseas exchange for deposits and withdrawals, please check the policies and rules of your chosen cryptocurrency exchange in advance.