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21 Travel Rule: Version 2 Released

5 Nov, 2020
Updated: 4 Sept, 2025

Refer to the Product Release Notes for the most recent 21 Travel Rule updates.


One of the driving forces behind the solution development is the desire to make compliance with the Financial Action Task Force’s (FATF’s) Travel Rule as easy and streamlined as possible for virtual asset service providers (VASPs). 

21 Travel Rule, encompasses this ideology, hence the product's improvements. 

The first version of 21 Travel Rule had full support for TRP and OpenVASP, making it the first and only multi-protocol Travel Rule solution on the market.

Today we are releasing Version 2 of 21 Analytics' Travel Rule Solution.


What’s New in Version 2? 

See the list of improvements in bullet form: 

  • Multiple OpenVASP improvement proposals (OVIPs) have been implemented, upgrading the OpenVASP protocol to version 2
  • The character constraint for LEIs has been removed


But we are not stopping here. We have further improvements pipelined for this year! 

Curious to try out the new features? 

Request a Demo
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Disclaimer

This material is provided for educational and informational purposes only and is not intended to be a substitute for professional advice or detailed research.

Written by:
Filip Gospodinov
Having spent more than two-thirds of his nine-year career as a software engineer with companies in finance and blockchain technology, Filip is a true veteran in the field. With a Master’s in Electrical Engineering from ETH Zurich, he focuses on the blockchain’s protocol level. His numerous contributions include libbitcoin, Bitcoin Core, Electrum and many more.