Zoomex, a global cryptocurrency exchange, has officially joined Korea’s CODE VASP Alliance (Connect Digital Exchanges), marking a significant step toward full compliance with the FATF Travel Rule — the international framework designed to enhance transparency in digital asset transactions.

The move positions Zoomex among the growing number of exchanges aligning with stricter anti-money laundering (AML) and know-your-customer (KYC) standards now becoming the global norm for crypto service providers.

Building Trust Through Compliance

“For us, compliance is not just a procedural requirement — it’s a foundation of trust,” said Jerry Hsu, CEO of Zoomex. “Completing integration with the CODE system is vital to ensuring transaction security and information transparency.”

By adopting the CODE system, Zoomex can now securely transmit encrypted sender and receiver information between participating exchanges during digital asset transfers. The integration allows the company to meet FATF’s cross-border information-sharing requirements — a key element of the Travel Rule — while maintaining user privacy and data protection.

What the CODE Alliance Does

Formed in 2022, the CODE VASP Alliance was developed to help South Korean and international Virtual Asset Service Providers (VASPs) comply with the Travel Rule’s security and data-sharing mandates. The system ensures that verified identity details are shared only between licensed exchanges, closing a major gap in global crypto compliance frameworks.

The alliance currently includes leading Korean exchanges such as Upbit, Bithumb, Coinone, and Korbit, and is fast becoming a regional benchmark for compliant crypto infrastructure. Zoomex’s integration adds an international dimension to the network — further bridging compliance between Asia-Pacific and Western markets.

Strengthening Security and Stability

Zoomex’s participation also underscores its ongoing push toward infrastructure resilience and regulatory readiness. The company holds multiple regulatory licenses, including:

• Canada MSB (Money Services Business)
• U.S. MSB and NFA registration
• Australia AUSTRAC license

Additionally, Zoomex recently passed a comprehensive cybersecurity audit by Hacken, a leading blockchain security firm — signaling its focus on protecting users’ assets and data integrity in a fast-evolving digital finance landscape.

Why It Matters

As the crypto industry faces heightened global scrutiny, exchanges that proactively adopt frameworks like CODE are better positioned to attract institutional investors and international users wary of opaque or noncompliant platforms.

Zoomex’s integration may also put pressure on smaller or unlicensed exchanges that have yet to implement Travel Rule compliance — especially as regulators across the U.S., EU, and Asia tighten standards for digital asset transparency.

By joining CODE, Zoomex isn’t just following rules — it’s future-proofing its business model for an era where crypto and compliance must coexist.