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Diamond Digital
Switzerland
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 Diamond Digital
Company Information
Get to know Diamond Digital
Diamond Digital develops a crypto-currency backed by diamonds. The crypto-currency is issued on the Ethereum1 Blockchain, and it follows both the ERC202 standard for interoperability and the suggested ERC621 3 standard for increasing and decreasing token supply. Ethereum smart contracts guarantee that there cannot be more DiamondCoins in the system than diamonds used as collateral. DiamondCoins can always be redeemed for auxiliary diamonds as a consequence. Diamond Digital began operation in 2017. It has headquarters in Feusisberg in Switzerland.
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