Technically proven identification of beneficiary VASP from a VA address

Develop a technically proven method that, given only a virtual asset (VA) address, identifies exhaustively, precisely, and accurately the virtual asset service provider (VASP) that manages the beneficiary wallet across all circumstances, to enable compliance with the FATF Travel Rule and robust inter‑VASP due diligence.

Background

The FATF Travel Rule requires VASPs to obtain, hold, and transmit originator and beneficiary information for virtual asset transfers. In practice, accurately identifying the beneficiary’s managing VASP from a bare VA address remains a core bottleneck for compliance, especially in cross‑border settings and for transfers to or from non‑custodial wallets.

The paper cites FATF’s current position that there is no technically proven method to determine the beneficiary VASP solely from the VA address. Resolving this would materially improve AML/CFT compliance, tax information exchange, and operational interoperability among VASPs.