Regulations and Security

Know more about security at Scallop

How secure are hardware cold wallets?
As a fully regulated and compliant Neobank, security is one of our utmost priorities. They are stored in a protected area of a mini controller and cannot be...
Thu, 18 Nov, 2021 at 5:02 PM
Which blockchain will Scallop be using?
Scallop is developing its native chain. Till then it’ll utilize Polkadot and ERC 20. SCLP is an ERC-20 and BEP token, it works on cross-chain. Scallop T...
Tue, 30 Nov, 2021 at 2:56 PM
What regulations or accreditations does Scallop have?
Scallop is accredited by FCA, which is the regulatory body in the UK and Europe. This accreditation is all that is needed to operate legally and in a secure...
Thu, 18 Nov, 2021 at 5:09 PM