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China
2016 (10 Years)
Last online: No recent activity
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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.
Get to know GXS Foundation
Company Information
Get to know GXS Foundation
GXS Bank is a digital-native bank that was awarded a digital full bank license by the Monetary Authority of Singapore (MAS). It is a consortium between ride-hailing and delivery giant Grab Holdings and telecommunications provider Singtel. The bank's mission is to cater to the underserved financial needs of gig economy workers, self-employed individuals, and small businesses in the region. Its primary products include the GXS Savings Account, which offers daily interest accrual, and GXS FlexiLoan, a flexible personal loan product.
Industry
Review Analytic
Fatima Garba
Direct
Excellent
Overall Thought
"GXS Foundation has truly exceeded my expectations. My journey with them has been marked by innovation and transparency. Their commitment to harnessing blockchain for social good is inspiring. The GXS team's dedication to community empowerment through technological advancements is commendable. I've witnessed firsthand how their initiatives are making a meaningful impact. From sustainable supply chains to secure data sharing, GXS Foundation's work is a testament to the potential of crypto for positive change. Proud to be part of this transformative experience."
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