Ourbit Completes CODE Travel Rule Integration, Fortifying Global Compliance

Ourbit Embraces Global Compliance with CODE Travel Rule Integration

Ourbit, a rapidly expanding global cryptocurrency exchange platform, is pleased to announce the successful completion of its technical integration with the CODE Travel Rule, alongside its entry into the CODE Travel Rule Alliance. This strategic move underscores Ourbit's unwavering commitment to fostering a secure, transparent, and compliant global trading ecosystem.

Key Takeaways:

• Completion of CODE Travel Rule integration and joining the CODE Travel Rule Alliance.
• Full compliance with Korean Travel Rule requirements and FATF guidelines.
• Strengthened Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) measures.
• Secured cross-platform cryptocurrency transfers via CODE-enabled platforms.
• Focus on seamless user experience while maintaining top-tier security standards.

Compliance: A Cornerstone of Ourbit's Operations

For Ourbit, compliance extends beyond mere regulatory adherence; it encompasses safeguarding users and building a robust foundation for a sustainable global platform. Joining the CODE Travel Rule Alliance allows Ourbit to better align with international regulatory frameworks while continuing to provide users with a seamless and efficient trading experience.

Cross-Platform Compliant Transfer Capabilities Powered by CODE

The CODE Travel Rule solution empowers Ourbit to securely exchange necessary originator and beneficiary information with other Virtual Asset Service Providers (VASPs) within the alliance, fulfilling FATF's Travel Rule requirements. This means that when users transfer virtual assets between Ourbit and other CODE-enabled platforms, relevant compliance data will be transmitted in a standardized, encrypted, and automated manner, without manual intervention.

Through CODE, Ourbit is able to:

• Execute cross-platform compliant transfers that align with Korean and FATF standards.
• Reduce operational risks and data inconsistencies through a unified protocol.
• Join a cooperative network of regulated and trusted VASPs, fostering long-term healthy industry development.

Security, Transparency, and Compliance: Imperceptible to the User, Yet More Reliable

For users, this integration enhances security without increasing complexity. Travel Rule verification and data transmission are completed automatically in the background. Users can deposit and withdraw funds freely as usual, knowing that a stronger compliance system reduces the risks associated with illicit funds, account abuse, and policy uncertainty.

Ourbit is committed to delivering a compliance experience that is “imperceptible yet effective.” Users don't need to understand regulations; they only need to feel that their assets are more secure, the platform is more reliable, and their experience is smoother.

Deep Investment in Technology, Risk Management, and AML Systems

Joining the CODE Travel Rule Alliance is part of Ourbit's ongoing investment in security and risk management, including:

• Advanced monitoring and analysis systems: To identify suspicious behavior in real-time and prevent fraud, hacking, and illicit fund flows.
• A dedicated AML and compliance team: To maintain communication and collaboration with regulatory bodies and partners.
• Continuously enhanced internal control systems: Covering core aspects such as KYC, sanction list screening, and transaction monitoring structures.

These investments ensure that Ourbit not only keeps pace with regulatory developments but also continues to lead the industry in security and compliance capabilities.

A Long-Term Strategy to Enhance Global Compliance

For Ourbit, compliance is integral to its global strategy, not a short-term task. This integration is just one step in building an interoperable global compliance framework, allowing the platform to adapt quickly and stably to changing regulatory environments in Korea, Asia, Europe, and other regions. By aligning with FATF Travel Rule standards and partnering with leading compliance solutions like CODE, Ourbit is:

• Laying a sustainable foundation for long-term cross-border business expansion.
• Building stronger trust with regulatory bodies, institutional partners, and users.
• Demonstrating the responsibility and compliance commitment of a global trading platform.

As global regulatory frameworks gradually mature, exchanges that are willing to plan infrastructure and compliance capabilities in advance will be more competitive in the long run. Ourbit will continue to expand its global compliance footprint and deepen collaboration with leading industry partners to create a safer, more transparent, and user-experience-excellent trading platform.