CoinJar to Comply with Australia's Travel Rule in July

Australia is set to adopt the Travel Rule, a regulatory requirement for crypto exchanges, on July 1, 2026. The rule aims to prevent scams and money laundering by requiring exchanges to collect and share sender and recipient information when transferring cryptocurrencies between platforms.

CoinJar will comply with this new regulation by changing how cryptocurrency withdrawals and deposits work on their platform. This means that users will need to answer a few extra questions when sending or receiving crypto, which CoinJar will then securely share with the other platform.

The Travel Rule is already in place across most developed countries, including the US, UK, EU, NZ, Singapore, Hong Kong, and UAE. Self-hosted wallets, which are not run by an exchange, will be exempt from this requirement. However, users who move crypto from a self-hosted wallet back to CoinJar may need to confirm some details about that deposit.