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Industry & Market Trends

19/05/2022

Stablecoins: A take on their reserves, transparency, regulatory and operational risks

Last week saw the de-pegging of yet another stablecoin. Terraform Labs’ stablecoin TerraUSD (UST) depegged from the USD and hit $0.29 at one point. A further decline in the days following the initial depeg saw UST trading as low as $0.03 at one point. With a market cap of approximately… Read More

XREX Products

16/05/2022

XREX Clubs: Stake and Trade Together to Earn Rewards and Save Fees

The power of community, now with XREX Clubs. We are honored to launch XREX Clubs, an upgraded version of the previous XREX Circles. XREX Clubs is a social trading community concept that empowers Club members to trade and stake together and enjoy incremental rewards plus lower trading fees. The more… Read More

XREX Products

16/05/2022

XREX Earn: Get up to 9% APR on your crypto staking!

Put your crypto to work by staking it through XREX Earn. What is XREX Earn? XREX Earn is a simple way to stake your crypto holdings and earn a recurring yield on them. What’s new with XREX Earn? We’re delighted to announce XREX Rewards, a program through which users can participate in centralized… Read More

Announcements

13/05/2022

XREX Obtains MSB License from US FinCEN

Before FinCEN, XREX acquired an MSB license from Canada and is currently applying for licenses from the Monetary Authority of Singapore. Taipei, Taiwan, May 13 2022 — Blockchain neo fintech company XREX Inc. obtained a Money Services Business (MSB) license from the United States Financial Crimes Enforcement Network (FinCEN), which is a… Read More

Industry & Market Trends

28/04/2022

The Road of Crypto Regulation in the US and Why Crypto Executive Order Is a Historical Milestone

The past year has seen a flurry of cryptocurrency regulation-related activity, particularly from banking regulators. On March 9, U.S. President Joe Biden signed the executive order (EO) on “Ensuring Responsible Development of Digital Assets” amid explosive growth in blockchain technologies and cryptocurrency adoption. Just three weeks ago, U.S. Treasury Secretary… Read More

Announcements

21/04/2022

Ex-Fed Risk Specialist Michael Shing joins XREX as Director of Risk Management

Blockchain neo fintech company XREX Inc. announced today that Michael Shing onboards as its Director of Risk Management. Shing spent more than a decade with the Federal Reserve branches in San Francisco and New York, first as an analyst and then a senior risk specialist. Prior to his time with… Read More

Announcements

15/04/2022

XREX Forays into Web3 by Launching its First NFT — Shakti Tigers

Today, we are excited to announce that XREX has launched its first NFT collection, Shakti Tigers! This collection marks our first step into creating a universe of financial inclusion, and grants users ownership with the web3 spirit. To mark this important juncture, we want to celebrate and honor pioneers who… Read More

Announcements

08/04/2022

XREX Lists SOL, DOT, MKR, and LINK Trading Pairs for Users’ Digital Asset Diversification

We asked, you answered, we delivered. Following the recent poll wherein we asked our users, which new tokens they would like us to list on XREX, many were in favor of Solana (SOL), Polkadot (DOT), Maker (MKR), and Chainlink (LINK). We’ve been following new token ecosystems developing over the years… Read More

Industry & Market Trends

31/03/2022

High-Quality Liquid Assets: Tether reduces its cash reserves, but there’s more than meets the eye

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

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