Fund Transfer

Definition ∞ A Fund Transfer involves the movement of monetary value from one entity or account to another. In the context of digital assets, this typically refers to the transmission of cryptocurrencies or tokens across blockchain networks. Such transfers are recorded on the distributed ledger, providing a verifiable record of the transaction.
Context ∞ Fund Transfers in the digital asset space are subject to increasing regulatory scrutiny, particularly regarding anti-money laundering and counter-terrorist financing protocols. A key discussion involves the implementation of the “Travel Rule,” which requires virtual asset service providers to share information about the originator and beneficiary of transfers. Future developments will likely focus on secure and compliant methods for facilitating cross-border digital asset transfers.