In 2014, the first stablecoin Tether (USDT) was introduced. Stablecoins are the answer to the traditional financial system for payments and remittances. You might have seen headlines and articles stating how the US has printed almost 80% of all its USD in existence since January 2020, and how much the… Read More
2021 Virtual Assets-Related Financial News Crypto marched into the physical world in February 2021 when Tesla filed with the SEC regarding its purchase of bitcoin worth $1.5 billion USD and accepted Bitcoin as a method of payment in March (then stopped the Bitcoin payment in May). As a new member of… Read More
XREX announces its long-term partnership with Mastercard’s CipherTrace, a globally leading cryptocurrency intelligence service providers. The year 2021 was a year of crypto boom. It seemed every other headline was about the birth of another newly minted billionaire who made a windfall by betting on cryptocurrency. The emergence of crypto… Read More
We are excited to announce the launch of XREX’s new website! Since we started in 2018, the XREX team has worked on realizing our ideas and has developed a series of blockchain-driven products and features, including a fiat-crypto exchange, BitCheck, Risk Level Detectors, XREX Circles, and more. We have been… Read More
bhe license marks a pivotal milestone in XREX’s international expansion strategy as it seeks to serve more clients in North America and around the globe XREX acquires the Money Services Business (MSB) license from Canada as it seeks to serve more cross-border merchants and expats in North America and around… Read More
If you are told that there are ways you can get the same exchange rate or better rates as shown on xe.com or Google when you want to transfer Australian Dollars (AUD) to Indian Rupees (INR), would you believe it? If that sounds too good to be true, don’t fret,… Read More
If you work and reside in Australia and want to send money back to India for a family function, how do you figure out the best way to go about it? A few factors might come to mind, such as transaction fees, exchange rates, speed, uncertainty, etc. This article will… Read More
Dear XREX users and stakeholders, When XREX began its journey, two words were far more important than any other: “Compliance,” and “Security.” We proudly announce that XREX as a fiat-crypto exchange is now fully Financial Action Task Force (FATF) compliant. We’ve achieved this by becoming a registered and active participant of Travel… Read More
Best ways for overseas professionals to transfer AUD to INR Per the World Bank Remittances data, India has the highest amount of remittance inflow from around the world which was almost $83 billion in 2020. This inflow is an exponential rise as shown in the chart below. The increase in immigration… Read More