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SHOPXING
United States
16 Feb 2018 (7 Years)
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What are the differences in regulations for each
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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 SHOPXING
Company Information
Get to know SHOPXING
Shopxing™ innovates as the international business-to-business (B2B) marketplace platform connecting suppliers of "alternative trade deals" (countertrade) with buyers across the world. Countertrade is an alternative means of structuring an international sale when conventional means of payment are difficult, costly, or nonexistent. These types of transactions have been filled with paperwork, high fees, geographic limitations & 3rd party distrust. Shopper Crossing International (SHOPXING™) innovates this common practice by proposing usage of our decentralized marketplace and permissioned distributed ledger technology to streamline & automated B2B countertrade transactions for goods & services, giving businesses the ability to conduct countertrade deals with other businesses anywhere in the world while ensuring it cost effective and friction free for all participants. Shopxing.io supports all types of countertrade deals including: Barter, Compensation trading, Switch-trading, Counter-purchase, Offset and Buy-back. The stakeholders involved during most countertrade deals consists of buyer/seller (B2B), banks (letters of credit), shipper/transporter, ports of authority/customs and insurers. Benefits of B2B countertrade include ensuring a continuation of the flow of imports, opening up of new markets for surplus products and bringing about greater export diversification. In most cases countertrade serves to dispose of surpluses and break down price barriers. Transactions on shopxing.io include lifetime transaction assurance & protection against unfair & deceptive trade practices, fraud & friction.
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- Crypto CryptocurrencyPRIMARY
- Financial Other Service
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