Argos KYC News & Insights

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...

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...

Let’s learn about KYC and AML!

Let’s learn about KYC and AML!

What's KYC and AML?Sounds complicated.  Let’s take a look at the confusing identification procedure! "Why do I have to submit an I.D., take a selfie, and post it up? KYC? What a hassle!” When receiving airdrops or participating in ICOs, I'm sure you've been...

FINCEN Cryptocurrency guidelines

FINCEN Cryptocurrency guidelines

U.S. Treasury Department Announces Cryptocurrency Regulations (19’05)Recently American Bitcoin remittance company received $35,000 fine + business suspension measure for not fulfilling AML obligation!Punishment Case for Violation of Cryptocurrency AML Regulations In...