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Tally Money
United Kingdom
01 Jul 2018 (7 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 Tally Money
Company Information
Get to know Tally Money
Tally is an independent monetary platform and hard-asset currency that sits outside of the existing banking infrastructure, while seamlessly operating with it. Tally is the name of the platform and also the name of the currency. 1 Tally = 1 milligram of vaulted gold. Using gold as the 100% physical reserve means the customer’s money is protected from inflation and systemic bank risks associated with the fiat currency-based fractional reserve banking model, while offering the familiar usability of a personal bank account and contactless debit card. For the first time, Tally gives consumers a choice of a banking account with a currency that is independent, insulated and innovative — giving ultimate control and certainty of the money back into the hands of the consumer.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial PSP Gateway
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