Tomorrow night at 8:00 p.m., the X platform in the blockchain field will hold a Space event with the theme “XREX Joins Hands with Tether, What Will Be the Next Step in Global Crypto Regulation?”
Taiwan’s Virtual Currency Association has officially been established, with Bitrue’s Kelvin Chou as chairman and XREX’s Hugh Xie as vice chairman, with the formulation of “Self-Disciplinary Norms” as the top priority.
XREX Group, an international financial institution based in Taiwan, obtained a license from a large payment institution in Singapore (MPI) in May of this year. In June, it also announced a strategic investment of $18.75 million from leading digital asset company Tether. The two will jointly promote cross-border compliance and payments.
While striving on the international stage, XREX has been a convener of Taiwan’s Virtual Asset Service Provider (VASP) Association in the past. Now that the Taiwan Virtual Currency Business Association has been established, the audience will learn about the global crypto regulatory environment through XREX’s perspective.
