Company Information

Get to know Scala

The Scala project is a community-driven, open-source cryptocurrency focused on privacy, decentralization, and mobile accessibility. Originally a fork of Monero, it utilizes the custom Panthera proof-of-work algorithm, which is designed to be ASIC-resistant and efficient for mobile and CPU mining, aiming to lower the barrier to entry for network participation. The project's mission is to create a secure, untraceable, and user-friendly digital currency that is accessible to a global audience without relying on centralized infrastructure.

Industry

Crypto CryptocurrencyPRIMARY
Financial Insurance
Financial Other Service

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Scala

Romania

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N/A

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

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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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.