Due to recent events and aftermath caused by the insolvency of FTX, there has been a widespread movement where crypto users convert coins, tokens, and stablecoins into USD as they look to tide over this period of extreme volatility. Amidst this wave, not only are users looking to avoid risks,… ...閱讀更多
In the aftermath of a liquidity crisis, FTX agreed to a non-binding letter of intent (LOI) allowing Binance to acquire FTX. The deal was ultimately abandoned by Binance, citing the results of its due diligence. As one of the giants of centralized exchanges (CEX), the news of FTX’s downfall has caused widespread… ...閱讀更多
We are pleased to announce that XREX is participating in Unitas sandbox and has listed USD1, USD91, and USD971 today. Unitas is the first over-collateralized, USD exchange-rate-derived stablecoin protocol for multiple emerging markets. USD1, USD91, and USD971 are the first three tokens issued for the protocol’s sandbox phase. Unitas stablecoins reflect the… ...閱讀更多
We are pleased to announce that XREX has listed six new coins and tokens, including MATIC, BNB, AVAX, SAND, GMT, and AAVE. As we mentioned in our previous blog, XREX is keen to help users diversify their digital assets and participate in promising projects, meanwhile, ensuring users are not exposed… ...閱讀更多
The long-awaited and highly-anticipated crypto bill Responsible Financial Innovation Act championed by Senator Cynthia Lummis (R-WY) was introduced as a bipartisan proposal co-sponsored by Senator Kirsten Gillibrand (D-NY). The ambitious and comprehensive bill contains several key pillars including regulatory oversight, clarification of definitions and taxation, and banking and payment stablecoins. ...閱讀更多
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… ...閱讀更多
If you are told that there are ways you can get the same exchange rate or better rates as shown on xe.com or Google when you want to transfer Australian Dollars (AUD) to Indian Rupees (INR), would you believe it? If that sounds too good to be true, don’t fret,… ...閱讀更多
The debates over the true value of cryptocurrencies have never ended. However, the unfortunate pandemic which the world is still suffering from has become a real scenario — the mobilization of the global crypto community and the immediate transferring of funds have successfully saved lives, especially in emerging economies, including India. Mobilization… ...閱讀更多
