According to some reports, this type of tool would appease regulators that are currently investigating crypto exchange activities all over the world.
source https://www.google.com/url?rct=j&sa=t&url=https://news.bitcoin.com/binance-deploys-crypto-monitoring-traveler-system-to-comply-with-fatf-travel-rule/&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNGDnbGmSRAsN1bJHyMGJRIQM-mhIQ
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