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Canada
01 Mar 2006 (20 Years)
Last online: No recent activity
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This company is currently Unproved.
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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.
Get to know Netcents Systems
Company Information
Get to know Netcents Systems
Founded in 2006 and based in Vancouver, Canada, NetCents Technology Inc. aimed to become a leader in the cryptocurrency payment sector. The company's mission was to enable merchants and consumers to seamlessly use and accept cryptocurrency for transactions, positioning itself as a transactional hub for the digital currency ecosystem. It was publicly traded on the Canadian Securities Exchange (CSE) under the ticker "NC". However, the company faced severe regulatory scrutiny, leading to multiple cease trade orders and eventually fraud charges from the U.S. Securities and Exchange Commission (SEC), which ultimately resulted in the cessation of its operations.
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