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ADAB Solutions
United Arab Emirates
2017 (8 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know ADAB Solutions
Company Information
Get to know ADAB Solutions
ADAB Solutions is developing the FICE - First Islamic Crypto Exchange , based on the norms of Shariah. Creation of the cryptocurrency platform, exchange and services that are Shariah compliant and based on the principles of Islam. The projected volume of daily trading on the First Islamic Crypto Exchange is $ 146 million and a monthly turnover of $ 4.4 billion during the first one and a half years of operation of the exchange. As a result, the implementation of the ADAB Solutions project will create a global infrastructure, that operates on the principles of Islamic finance, and the community that regulates the development of Islamic crypto-economics. ADAB Solutions will solve the problem of halal cryptocurrency transactions, providing access to the cryptocurrency market for the Muslim Ummah , which accounts for 22% of the world's population and manages Islamic financial assets with a projected volume of 3.8 trillion USD.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
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