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AUMENT AG is now an official SRO Member of VQF Financial Services

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AUMENT AG is now an official SRO Member of VQF Financial Services

2 years ago

AUMENT AG has been classified by VQF as a virtual asset service provider.

We feel the immense pleasure to inform our community that AUMENT AG is officially confirmed as an SRO member of VQF Financial Services, a self-regulatory organization, recognized by the Swiss Financial Market Supervisory Authority under Act. 24 et seq. of the Anti-Money-Laundering Act (Geldwäschereigesetz, GwG).

This membership allows AUMENT AG to monitor obligations arising from the Anti-Money-Laundering Act (GwG) in order to ensure compliance with GwG regulations.

Furthermore, as per the guidelines and regulations of FINMA, the AUMENT Coin has been officially recognized and qualified as a payment and utility token (hybrid token), for the purchase of goods and services on the Platform and beyond, to serve in the transfer of money or value of goods and to provide access to its digital applications.

The main facility AUMENT AG offers to its AUMENT Coin holders is the “collateral loan services” securing the facility of the loan admission, only for its esteemed clientele. AUMENT AG uses the funds from the sales of the AUMENT Coin for purchasing gold. The reserve of physical gold is stored in Switzerland in the most trusted custodian facility. Furthermore, AUMENT AG offers services of purchasing, selling, and trading physical gold.

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