The European Commission issued a proposal for a Regulation on information accompanying transfers of funds and certain crypto-assets. The new Regulation is aimed at recasting the Regulation (EU) 2015/847 by expanding traceability requirements to crypto-assets. The Regulation falls within the EU’s Security Union Strategy for 2020-2025, and within the Action Plan the Commission adopted in May 2020 aiming at strengthening the EU’s rules on combating money laundering and terrorism financing. The new Regulation proposal modifies Regulation (EU) 2015/847 by extending the information requirements, currently applied to wire transfers, to crypto assets in order to introduce an obligation for Virtual Asset Service Providers (VASPs) to collect and make accessible data concerning the originators and beneficiaries of the transfers of virtual or crypto assets they operate. Moreover, the new Regulation proposal is aimed at introducing into EU legislation the information sharing obligations contained in the Interpretative Note to recommendation 15 of FATF (“travel rule”).