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Switcheo Labs
Singapore
2017 (8 Years)
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Security Information
What are the differences in regulations for each
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.
Company Information
Get to know Switcheo Labs
Company Information
Get to know Switcheo Labs
Switcheo Labs is a creative and experimental think tank that guides and nurtures decentralized ecosystems in the DeFi space. Founded in 2018, Switcheo Labs was born out of a simple desire to make finance accessible and trust optional. Recognizing the financial challenges that currently exist, Switcheo Labs innovates on robust alternatives to put power back where it rightly belongs, in the hands of the people. Switcheo Labs elevates the competencies and accessibility of digital financial services through building open-source decentralized platforms such as Carbon. At the same time, Switcheo Labs believes in empowering people and fostering a strong community. Like shepherds, Switcheo Labs aims to lead alongside the community, to give people the tools and support they need to have greater power in how they choose to interact and transact. Ultimately, Switcheo Labs' vision is to create a truly free world, by upholding the core tenants of DeFi, to be permisionless, transparent and censorship resistant.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
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