JUNE 5, 2024 – Tether, the largest company in the digital asset industry, has announced a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. This collaboration aims to drive innovation in the digital asset industry, facilitate USDT-based cross-border payments in emerging markets, and innovate regulatory… Read More
Starting June 18th, we will introduce KGI Bank’s USD trust and USD deposit and withdrawal services, and terminate Customers Bank’s USD deposit and withdrawal services in the Taiwan market. Taiwan Citizens and Individual Users must open a KGI Bank account to access KGI Bank’s USD trust and USD deposit and… Read More
TAIPEI / SINGAPORE, 16 May 2024 – XREX, a leading blockchain-enabled financial institution, has announced that it is utilizing Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations. Known for providing compliant and secure cross-border solutions and exchange services, XREX is a trusted name in digital… Read More
SINGAPORE – 13 MAY, 2024 – XREX Singapore, a blockchain-enabled financial institution specialising in cross-border payments in emerging markets, announced today that it has obtained the Major Payment Institution (MPI) Licence from the Monetary Authority of Singapore (MAS), the nation’s central bank and financial regulator. This comes after it received… Read More
Taipei, 26 Feb 2024 – The prevalence of cryptocurrency investment and financial fraud poses significant challenges to victims, often leaving them unable to recover defrauded assets even after cases are solved. In a groundbreaking collaboration, Taiwan’s Criminal Investigation Bureau (CIB), the Judicial Reform Foundation (JRF), and blockchain-enabled financial institution XREX… Read More
As you step into the world of cryptocurrencies, starting with spot positions is a common first move. Spot trading, which involves buying and selling cryptocurrencies directly, is an easy starting point. With Bitcoin’s halving on the horizon, more traders are considering extended spot holdings for potential profits. To accommodate professional… Read More
SINGAPORE – 17 NOVEMBER, 2023 – XREX, a blockchain-enabled financial institution specialising in cross-border payments in emerging markets, announced today that its Singapore entity has obtained in-principle approval for a Major Payments Institution (MPI) Licence from the Monetary Authority of Singapore (MAS), the nation’s central bank and financial regulator. The… Read More
Following the decision by stablecoin issuer Paxos and Binance to discontinue support for BUSD by 2024, XREX will be taking the following actions to delist BUSD from the XREX platform. Please be informed of the following dates and refrain from depositing or transacting in BUSD: 12 October, 2023 – BUSD… Read More
SINGAPORE, Singapore, 31 Aug 2023 — The Monetary Authority of Singapore recently unveiled its Stablecoin Regulatory Framework to strong international reception, buttressing the nation-state’s prominence as a cornerstone of the blockchain industry. It is thus befitting that Singapore has been selected as the venue of choice for the inaugural Stablecoin… Read More
