ARGOS ID is curang lucahdelighted 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 per the FATF guidance on verifying the originator and beneficiary information on virtual asset transactions, knowing the identities of the crypto wallet holders is required.
In order to comply with the FATF’s guidance regarding unhosted wallets, jurisdictions have started applying enforcement and supervisory measures to local VASPs.