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Italy
2009 (17 Years)
Last online: No recent activity
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This company is currently Unproved.
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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 SardexPay
Company Information
Get to know SardexPay
Founded in Sardinia, Italy, in 2009, Sardex S.p.A. created the SardexPay network as a mutual credit system to support local businesses. It operates as a business-to-business (B2B) community where member companies can buy and sell from one another without using traditional currency (Euros). Instead, they use digital credits (Sardex credits), where one credit is equivalent to one Euro. This model helps companies manage cash flow, find new customers within the network, and increase sales, particularly during periods of economic downturn. The company has since expanded its model to other regions across Italy and operates as a licensed Electronic Money Institution (EMI) under the supervision of the Bank of Italy.
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