Argos KYC News & Insights

Thailand Will Establish AML Act to Satisfy FATF Recommendations

Thailand Will Establish AML Act to Satisfy FATF Recommendations

Thailand will Establish Anti-Money Laundering Act to Satisfy FATF Recommendations (August ’19) "Cryptocurrency will become a new tool for money laundering."-Thai Magistrate Preecha Charoensahayanon Revised Anti-Money Laundering Law in Thailand - Will include...

Brazil Tax Authority Requires Reporting All Bitcoin Transactions

Brazil Tax Authority Requires Reporting All Bitcoin Transactions

Brazil Tax Authority Requires Reporting All Bitcoin Transactions(19’08) Starting from August 1, transactions involving cryptocurrencies such as Bitcoin must be reported to Brazil Internal Revenue Service(IRS) in accordance with Normative Instruction 1888 The measure...

FATF Sets International Regulatory Standards for Virtual Asset

FATF Sets International Regulatory Standards for Virtual Asset

FATF Announcement of New International Standards for Virtual Asset Regulations (19’06) Cryptocurrency has become the subject of legal regulation. On June 21, 2019, the FATF finalized its regulations regarding virtual assets at the request of the UN Security Council,...

Argos Supports Multi-languages KYC processing!

Argos Supports Multi-languages KYC processing!

Don't have passport or English written ID? With Argos, you have nothing to worry about. Argos KYC/AML supports KYC processing in multi-languages. Processing applicant's ID in local languages has never been a problem with us. Here's a VOC Argos received from a KYC...

OFAC Discloses Blacklisted Wallet Addresses

OFAC Discloses Blacklisted Wallet Addresses

OFAC (Foreign Asset Control Agency under the U.S. Treasury) Discloses Blacklisted Wallet Addresses Regulations on cryptocurrency wallet addresses used in illegal activities are gradually being tightened. Let's take a look at the OFAC sanctions list for cryptocurrency...

Importance of Using a Third-party KYC/AML solutions

Importance of Using a Third-party KYC/AML solutions

The Importance of Using a Third-Party KYC•AML Service "We're just doing KYC on our own. But could that be a problem?”-anonymous VASP Let's find out about KYC•AML outsourcing! 1. Objectivity and Independence In the financial sector, the performance of duties by...