From 1 July 2026, new Crypto Travel Rule requirements will apply to cryptocurrency exchanges operating in Australia.
To prepare for these upcoming requirements, bitcoin.com.au is introducing updates to the Address Book, where users manage their saved withdrawal addresses.
These updates are being introduced early to help users prepare and avoid delays once the rule becomes mandatory.
What is the crypto travel rule?
The Crypto Travel Rule is a regulation that requires cryptocurrency exchanges to share basic information about senders and recipients. This rule applies when crypto is transferred through exchanges or custodial providers.
It works similarly to bank transfers, where some sender and recipient details travel with the payment.
In Australia, the rule will be overseen by AUSTRAC.
What is changing in my account?
You may notice the following updates in your Address Book:
- New wallet statuses such as “Pending verification” and “Verified”
- A reminder to review recently added withdrawal addresses
- A requirement to select the receiving exchange when adding exchange-type wallets
These changes help prepare your account ahead of the new requirements.
Will withdrawals still work?
Yes. Withdrawals will continue to operate as normal during this transition period.
The Travel Rule will not take effect until 1 July 2026, and these updates are being introduced early to help users prepare to avoid delays once it becomes mandatory.
Address verification and wallet types
When adding or reviewing a withdrawal address, you will be asked to specify whether the address belongs to a personal wallet or another cryptocurrency exchange.
Personal wallet
Addresses that belong to a personal wallet will appear as verified once they are added to your Address Book.
Exchange address
If the address belongs to another cryptocurrency exchange, you will need to select “other exchange” and specify the exchange name.
What will happen after 1 July 2026?
Once the Travel Rule becomes mandatory, transfers between exchanges or custodial providers will require verified withdrawal addresses.
Trading and everyday account activity will continue to operate as usual.
Deposits and Travel Rule requirements
Travel Rule requirements may also apply to certain deposits.
If cryptocurrency is sent to your bitcoin.com.au account from another exchange or custodial provider, the sending platform may share sender and recipient information with bitcoin.com.au as part of Travel Rule compliance.
Deposits sent from personal wallets will continue to be supported.
What do I need to do?
No immediate action is required.
However, reviewing and verifying your saved addresses early may help prevent delays in the future.
A step-by-step guide on wallet verification will be available once these updates are live.
