How wallet verification works under the Travel Rule

Under the EU Transfer of Funds Regulation (TFR) — commonly known as the Travel Rule — STOKR must verify the wallets investors use to send and receive crypto-assets before processing a transfer. This applies to every wallet connected to your STOKR account, whether it's hosted by another provider or held independently.

When verification is required

• Before your first crypto-asset payment or withdrawal on STOKR.
• Whenever you connect a new wallet address to your account.

How verification works, by wallet type

• Custodial (hosted) wallets — wallets held by another CASP or VASP, such as an exchange. STOKR exchanges the required originator and beneficiary information directly with your wallet provider.
• Non-custodial (unhosted) wallets — wallets where you control your own private keys. STOKR confirms your ownership using one of two checks: a Satoshi test for Bitcoin, where you send a minimal BTC amount to a STOKR-specified address, or a message-signing test for stablecoin payments, where you sign a unique message using your wallet's private key.

Once a wallet passes verification, it's saved to your account, and you won't need to repeat the check for future transfers from the same address.