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

Yesterday as we celebrated being online for a full six weeks, our AML engine alerted our secops team of a suspicious series of transactions. It was after office hours but the compliance and secops teams were back in full swing. Using our partner CipherTrace’s tools, we were able to very quickly conclude… Read More

XREX Virtual Trading is live We are thrilled to announce the launch of our newest feature — Virtual Trading. At XREX, we are committed to bringing the best cryptocurrency trading experience and empowering our users to make trading decisions with confidence. With Virtual Trading, you get used to trading or… 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