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Yacuna
Switzerland
02 Feb 2014 (11 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 Yacuna
Company Information
Get to know Yacuna
Yacuna is a FinTech company and operator of the leading European cryptocurrency exchange. Yacuna was founded by one of the most professional management team in Europe. Together they bring half a century of experience in digital payments and IT-security. They have set up an easy-to use exchange system, that uses state-of the art cryptography and security measures. In addition to regular best-practice measures, Yacuna implemented multi-signature wallets for their cryptocurrencies. This system effectively prevented any hacks - something that notoriously plagues other exchanges. In addition to its technical safeguards Yacuna is also the only European exchange operating on a clear legal basis. All customer EUR and GBP funds are stored at Yacunas partner PayCo, an FCA-regulated E-Money business. Yacuna implemented all Anti-Money-Laundering and Know-Your-Customer rules usually applied by financial services. These precautions already ensured that several thousand Euros of stolen funds were withheld and returned to their rightful owners. In addition to its trading platform Yacuna also introduced the instant coinshop where customers are able to purchase cryptocoins directly via instant payment methods. T And these are only the first products to be released by Yacuna. Many more are in the pipeline and actively developed. Overall Yacuna aims to become the leading FinTech company concerning cryptocurrencies and blockchain solutions for businesses and end-users alike.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
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