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Bantu Blockchain Foundation
Nigeria
2019 (6 Years)
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Security Information
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 Bantu Blockchain Foundation
Company Information
Get to know Bantu Blockchain Foundation
The Bantu Blockchain Foundation (BBF) is a non-profit entity that develops blockchain-based and Africa-led financial inclusion solutions to serve the continent's unique problems and challenges. The springboard to the world for Bantu blockchain as a blockchain technology that seeks to re-orientate Africa and her peoples towards a new technology that is aligned with the spirit of sharing and equality. The foundation is currently focused on the African markets, catering to the unbanked, and underbanked. It also maintains the source code for the blockchain and acts as a governance body for its ecosystem of users (wallet users, developers, node operators, token creators, financial institutions and enterprise users)
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
- Financial PSP Gateway
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