Educational Demo Only — This POC illustrates how software can model Travel Rule (EU Reg. 2023/1113) and IVMS101 message building. It is not legal advice and does not constitute compliance certification.

Travel Rule Message Builder

Build and validate IVMS101-compliant Travel Rule messages per Regulation (EU) 2023/1113

Originating VASP

Originator (Customer)

Beneficiary (Recipient)

Beneficiary VASP

Transaction Details

34 fields missing

Missing fields:

  • Originating VASP LEI
  • Originating VASP name
  • Originating VASP street
  • Originating VASP city
  • Originating VASP postal code
  • ... and 29 more

What This POC Does Not Implement

  • ❌ VASP Directory Lookup — Does not verify that beneficiary VASP exists or is MiCA-compliant in a real registry
  • ❌ Message Transmission — Does not actually send the IVMS101 message to the beneficiary VASP
  • ❌ Blockchain Integration — Does not interact with actual blockchain nodes to confirm transfers
  • ❌ Cryptographic Signing — Does not cryptographically sign the message per IVMS101 PKI requirements
  • ❌ Counterparty Compliance Validation — Does not check if beneficiary VASP supports IVMS101 or Travel Rule compliance
  • ❌ NCA Reporting — Does not submit transaction records to National Competent Authority (NCA)

MiCA Compliance Context

Regulation (EU) 2023/1113 (Travel Rule): Requires that information concerning the originator and beneficiary of a transfer of crypto-assets shall be transmitted along with the transfer.

IVMS101 Standard (v1.0): Defines the message structure for VASP-to-VASP originator and beneficiary information exchange. This POC implements the core fields required per IVMS101.

EU Scope: Regulation 2023/1113 establishes EUR 1,000 threshold for certain information requirements (self-hosted transfers). Threshold rules differ for VASP-to-VASP transfers. This POC focuses on message structure, not threshold enforcement.

Disclaimer: This is an educational POC. It does not constitute compliance certification. Actual Travel Rule compliance requires integration with real VASP infrastructure, NCA reporting systems, and cryptographic verification.