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Prasos
Finland
2012 (13 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 Prasos
Company Information
Get to know Prasos
Prasos is a Finnish cryptocurrency and blockchain concentrated startup founded in 2012. The headquarters are located in Jyväskylä (Finland) and currently we have 25 employees. We are one of the leading bitcoin service providers in the Nordic countries and offer a great variety of bitcoin related services under the brand names Coinmotion, Bittiraha, Denarium and Bittimaatti. More than 150 million euros have been exchanged through our services and we operate worldwide. Our mission is to respond to the demand of cryptocurrency users and investors to provide services that are easy to use and to guide different companies in the adoption of cryptocurrencies in their own services. Our team consists of cryptocurrency and blockchain advocates and we create secure services that we ourselves want to use. A society that embraces this new technology can and will prosper in a way never before seen.
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