Company Information

Get to know YEM Foundation

The YEM Foundation presents itself as an independent, non-governmental organization dedicated to overseeing the YEM digital currency. Its stated mission is to represent the interests of all YEM holders and ensure the currency's stability, security, and growth. The foundation manages the YEMChain, the blockchain on which YEM operates, and aims to promote its adoption as a global means of payment for goods and services. However, the project and its associated entities have faced significant criticism and regulatory scrutiny, with connections often drawn to multi-level marketing structures.

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Crypto CryptocurrencyPRIMARY
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YEM Foundation

United States

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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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.