On February 21, Tether issued its latest quarterly assurance opinion. The USDT issuer announced that its reserves now exceeded its liabilities. This should have eased concerns over Tether’s ability as the single arbiter of the world’s largest stablecoin in market cap. Instead, it was met with mixed reviews, with some… Read More
XREX Complies with Taiwan FSC Anti-Money Laundering Rules. According to a press release issued on March 4 by Taiwan’s Banking Bureau of the Financial Supervisory Commission (FSC), 18 cryptocurrency trading platforms filed Compliance Statements with the FSC, but only seven met requirements, including 鏈科股份有限公司, XREX’s research and development center in… Read More
Cryptocurrencies are volatile; there is no limit to price soar and plunge, and the market runs 24/7/365. In November 2021, we witnessed Bitcoin hitting its highest — over $68,000 — it fell to almost 50% of that in January 2022 which led the entire market into a bearish mode. Such volatile characteristics in cryptocurrencies… Read More
XREX builds comprehensive partnerships with global leading compliance service providers to ensure a clean and trusted community for users worldwide. We are proud to introduce Know Your Customer (KYC), Anti-money Laundering (AML), wallet, and financial audit partners. XREX’s compliance partners. XREX AML partner — CipherTrace CipherTrace is a globally leading cryptocurrency intelligence… Read More
XREX is pleased to announce our new feature Earn today, which enables XREX users to start DeFi staking with USDT and earn recurring income. Check out the Wallet page on the XREX platform and start receiving your rewards on a daily basis. Best Security and Minimized Risk By staking through… Read More
We are overwhelmed by the positive feedback on the overall product experience from our users after we rolled out our latest release on 24 Feb 2022. One major improvement that our users enjoy is the new load time and app speed. We appreciate all the kind words; we understand there… Read More
We are excited to launch a new XREX logo as part of the ongoing evolution of our brand. XREX reveals its new logo and brand identity which visualize its vision to redefine banking together. A new collective financial system is also in the making. XREX, a neo-fintech company, is dedicated… Read More
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