The Japan-based crypto exchange bitFlyer has implemented strict anti-money-laundering measures that are in line with the “Travel Rule” of global financial crime watchdog FATF for sharing information on transfers. This was announced by on Wednesday.

The measures, which went into effect on Tuesday afternoon local time, include restrictions on transfers to platforms that do not comply with Travel Rule Universal Solution Technology. TRUST is a technology that was launched by U.S. based crypto exchange Coinbase in order to ensure that firms comply with FATF requirements.

The exchange has established notification requirements to receive and send crypto to TRUST compliant platforms in 21 countries. These include Japan, Israel Gibraltar, Hong Kong Bahamas, Switzerland, Gibraltar and Gibraltar. BitFlyer restricts the transfer of crypto assets to complaint platforms within these countries, such as bitcoin (BTC), Ethereum (ETH), and various ERC-20 tokens.

The company stated that transfers between countries not listed on this list as well as transfers into private wallets can be done in any crypto assets available on the bitFlyer Platform.

According to these measures, domestic crypto transfer to and from BitFlyer is only possible via Coincheck – the other TRUST compatible platform in Japan.

Japan recently pledged to implement FATF’s travel rule which mandates sharing of crypto transaction data between platforms, after the watchdog encouraged advanced economies in the G-7 group to take the leading role in fighting money laundering using digital assets.

BitFlyer’s U.S. division was fined recently by a New York Financial Regulator due to not meeting cybersecurity standards.

Read more about Coinbase-Led Travel Rule Group Expands to Canada, Singapore

Parikshit Miishra is the editor.