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Cameroon Blockchain Business Council
Cameroon
07 Mar 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 Cameroon Blockchain Business Council
Company Information
Get to know Cameroon Blockchain Business Council
There are two groups of people in Blockchain. Those who want to get rich off cryptocurrencies, and those who want to change the world with Blockchain. The Cameroon Business Blockchain Council (CBBC) associates itself with the second group and brings together leaders, entrepreneurs, and businesses to advance Blockchain technology in Sub-Saharan Africa. We are building awareness for Blockchain, Cryptocurrency, Smart Contracts, and Decentralized Autonomous Organizations. Our aim is to contribute to this emerging field, foster innovation, entrepreneurship, and collaboration, and create a wealth of opportunities for community members.
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