Recently ARGOS became a member of the Global Digital Finance (GDF), an organization that sets global cryptocurrency market standards. Global Digital Finance (GDF) communicates with international regulatory bodies, virtual asset standard-setters, and related...

    UK's HMRC Urges Crypto Exchanges to Submit Investor Information     Why are they interested?- To collect tax!     Are they allowed to do this?- Since transaction details can be fundamental data for imposing taxes, requests for...

To keep up with the new FATF (Financial Action Task Force) regulatory standards for virtual assets, FATF member states have already begun putting the new standards into law. The new FATF standards compel Virtual Asset Service Providers (VASPs) to conduct KYC and AML...

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...

The Swiss Financial Market Supervisory Authority (FINMA) yesterday published new regulatory guidance for blockchain-based payment transactions and financial service providers. The guidance was released following a US Congressional trip to Switzerland orchestrated to...

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 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,...

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...

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...