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Startupbootcamp Cape Town
South Africa
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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.
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Get to know Startupbootcamp Cape Town
Company Information
Get to know Startupbootcamp Cape Town
Startupbootcamp Cape Town is a leading accelerator focused on scouting for startups in blockchain, connected devices, payment solutions, capital markets and asset management, integrated supply chain, e-commerce, retailtech, insurtech, alternative financing, identity management, digital connectivity, data and behavioral analytics and enabling technologies. The accelerator is anchored by leading corporate sponsors BNP Paribas, RCS, and PwC that will support and grow the program and selected startups. Global sponsors include Google Cloud, Amazon Web Services, Intel, and Cisco. From a pool of hundreds of applications, Startupbootcamp Cape Town will select the 10 most promising teams, and will provide each team with €15,000, 100+ highly engaged mentors from the FinTech, InsurTech and RegTech industries, free office space, access to funding and a network of industry partners, investors and venture capital firms.
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- Crypto CryptocurrencyPRIMARY
- Financial Other Service
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