The Transfer of Funds Regulation applies across all EU member states. Given the global nature of crypto asset transfers, the ToFR requirements apply to all transfers, both within the EU and to third countries.
IMPORTANT: Transfers to or from CASPs will be declined if they do not comply with the required information for cryptocurrency transfers. Please be aware that BISON must ensure regulatory compliance. If you conduct transfers to or from third countries, check the applicable legal requirements in the origin or destination country before initiating the transfer. This ensures that they meet the requirements of the EU Transfer of Funds Regulation, allowing you to transfer your cryptocurrency smoothly.
