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XREX Products

14/07/2022

Now you can add a contract to your BitCheck

We are excited to launch a new feature on XREX’s BitCheck in our latest release. XREX users can now add a contract when sending a BitCheck. BitCheck contract is an extra layer of protection for cross-border payments and crypto P2P transactions via BitCheck. Adding a contract to BitCheck clarifies the… Read More

Industry & Market Trends

08/07/2022

Upcoming changes for Indian TDS compliance

Amidst crypto market turmoil, XREX wants to emphasize that we have been unaffected, and all our deposit, withdrawal, BitCheck, and trading features are and will always be perfectly functional. To fully comply with the new TDS taxation policies, we will suspend our INR support by 31st July; we decided and announced… Read More

Industry & Market Trends

08/07/2022

XREX Tea Talk: Three Arrows Capital Crisis, Crypto Crash, and Tips for Retail Investors

XREX Tea Talk: Three Arrows Capital Crisis, Crypto Crash, and Tips for Retail Investors Recently, several decentralized finance (DeFi) platforms plunged deeper into financial turmoil and fell into liquidity crises, which triggered greater fear and challenges to the entire crypto ecosystem. The fall of Three Arrows Capital (3AC), Celsius, Voyager,… Read More

Announcements

29/05/2022

XREX: USDC/USD and USDC/USDT Pairs Now Live

We are excited to announce that USDC/USD and USDC/USDT pairs are live on XREX. XREX has listed USDT since the day we launched our fiat-crypto exchange. USDT is the world’s first stablecoin launched in 2014. Today, it still dominates the stablecoin market with around 80 billion USD market capitalization. USDT… Read More

Announcements

24/05/2022

XREX Acquires Lithuania’s Official Approval as a Crypto Asset Service Provider

Taipei, Taiwan, May 24 2022 — Blockchain neo fintech company XREX Inc. announced today that it has registered and acquired approval to be a crypto asset service provider in Lithuania and will now be able to provide cryptocurrency services in Lithuania, adding another piece to its compliance puzzle after it acquired a… Read More

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

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

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