Australian centralized exchanges sending or receiving crypto assets will be required to disclose details of the sender and recipient as the travel rule by the Australian Transaction Reports and Analysis Centre (AUSTRAC) takes effect on 1 Jul.
Australia Crypto Travel Rule Requires Sender, Receiver Details from 1 Jul
30 June 2026 - 15:04 CEST
By Isabelle Castro
A transfer to a self-custodial wallet, such as cold storage, will prompt the user to declare that they own the destination address. Aimed at improving the traceability of transfers and curbing money laundering and terrorist financing with crypto, the rule means exchanges must hold transaction records for seven years. It covers all transfers handled by virtual asset service providers, placing it alongside similar measures in France, the Netherlands and Japan. The rules in the US, by contrast, only collect information on transfers of at least $3,000.
BTC Markets, an Australian crypto exchange, warned that withdrawals to another exchange "may be delayed or rejected" if the required information cannot be confirmed, and that its address book tool for saving verified wallets may not be available by 1 Jul. BTC said crypto deposits "cannot be credited until the required information is received," and may be returned to the sending platform.
