Proving the origin of assets (source of funds)
In brief
Banks and institutions increasingly ask for evidence of where your crypto assets come from. Paucitas substantiates that origin objectively, traceable to the transactions recorded on the blockchain.
Why prove the origin?
For larger amounts, banks want to know where your crypto assets come from. If you cannot substantiate this, an account may be frozen or a transaction refused.
We reconstruct the origin from your transaction history, so that you can answer the question with evidence.
How Paucitas substantiates the origin
We trace the flow of funds back to the point at which you acquired the assets, and record that route in a verifiable way. The result is a report that aligns with what a bank expects.
Every step is traceable to a transaction that is permanently recorded on the blockchain.
What you can expect from us
A factual substantiation without judgement. We demonstrate the origin; the decision remains with the bank or institution.
Who is this for?
For private individuals and business owners who want to account for their crypto assets to a bank, notary or regulator.
Related terms
Read more about the underlying terms: Origin of assets, Asset verification, KYC and AML, Money laundering.
Further reading
Supporting blogs: Proving the origin of crypto assets to your bank: how asset verification works; Mapping out your crypto assets: why you should not wait for the next tax return.
Related topics
Also see: mapping out crypto assets.
Frequently asked questions
Why does my bank ask about the origin of my crypto?
Banks are legally required to verify the origin of assets. For crypto they therefore often ask for substantiation that is traceable to the blockchain.
What if I cannot prove the origin?
A transaction may then be refused or an account frozen. A substantiated origin report prevents this by answering the question with facts.