ARGOS ID presents the World’s First Travel Rule Solution for Unhosted Wallets
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Seoul, South Korea, 14th November, 2022, Chainwire ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage. As of the FATF guidance on verifying the originator and beneficiary information on virtual asset transactions, knowing the identities of the crypto wallet holders have been required. In order to comply with the FATF’s guidance regarding unhosted wallets, jurisdictions have started applying enforcement and supervisory measures to local VASPs. To jurisdictions looking for a simplified Travel Rule solution,
The FATF released meeting notes hinting at an upcoming report on recommendations for business compliance with the Travel Rule and “unhosted wallets.” The below is a direct excerpt of Marty’s... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
Members of the European Parliament have permitted a controversial regulation that might undermine the decentralized finance (defi) sector within the EU. Some of its provisions, that are but to be... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…