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Verida
Australia
Jan 2021 (4 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 Verida
Company Information
Get to know Verida
Similar to how the decentralized finance movement is transforming traditional finance, Verida provides the technology and tools to transform websites and applications used everyday by billions of people across the globe. Verida is a self-sovereign platform designed to incentivise users to unlock their data stored on centralized platforms. Our platform uses decentralized single sign-on, consensual data sharing, and profile management with tight integration, enabling users to own their data and have hyper-personalized experiences.
Industry
- Crypto CryptocurrencyPRIMARY
- Technology Software Development
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