Coinbase announced four major milestones for its TRUST (Travel Rule Universal Solution Technology) network on May 28, 2026, signaling a significant expansion of privacy-first compliance infrastructure for crypto transactions. The announcements were shared by Coinbase Institutional via social media, marking what the company calls a step toward global Travel Rule compliance at scale.
The centerpiece of the milestones is the launch of TRUSThub, an extension of the existing peer-to-peer network that enables Virtual Asset Service Providers (VASPs) to securely exchange Travel Rule data with any counterparty, regardless of the internal tools they use. TRUSThub addresses so-called "sunrise" gaps — regulatory discrepancies that arise when jurisdictions phase in Travel Rule requirements on different schedules — by simplifying onboarding and allowing seamless data exchange across borders.
In a move highlighting growing institutional alignment, financial services multinational BNY has formally joined the TRUST network. BNY now sits alongside a roster of prominent members including BitGo, OKX, Revolut, Anchorage, Circle, Coinbase, Crypto.com, Fidelity Digital Assets, Gemini, Kraken, PayPal, and Paxos. The network’s design, which stores no sensitive customer data in a central repository, has been a key attraction for traditional financial institutions seeking compliant crypto engagement.
Coinbase also revealed a strategic partnership with 21 Analytics, a Travel Rule automation software provider. This collaboration allows VASPs already using 21 Analytics to connect directly to TRUST without overhauling existing workflows, while also offering tools to verify ownership of self-hosted wallets. The partnership is expected to accelerate global adoption of the network.
Finally, Coinbase confirmed that the TRUST consortium now operates across a wide range of key markets, including the European Union, United Kingdom, Australia, India, Brazil, Canada, Hong Kong, Japan, Switzerland, and the United Arab Emirates. The company emphasized its commitment to continued investment in interoperability, security, and ease of adoption as the network evolves.
