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Digital Currency EaaS MyXchange to Aid Emerging, Yet Volatile Economies – Bankless Times


Digital Currency EaaS MyXchange to Aid Emerging, Yet Volatile Economies
XREX, a blockchain TradeTech company serving cross-border businesses operating in emerging economies, today announced the launch of MyXchange, a digital currency exchange-as-a-service (EaaS) platform. 
MyXchange allows money transfer organizations (MTO) to run a secure crypto-fiat exchange that features full KYC, AML, liquidity, wallet security, and fiat (US dollar, Indian rupee) on-off ramps. In the same way Shopify makes it easy to launch an online store, MyXchange simplifies creating a secure exchange, passing along low fees with seamless cross-border escrowed payments across emerging markets. 
As oil prices fall, according to an earlier ....

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UAE, UK host anti-money laundering training sessions


Abu Dhabi: The Ministry of Foreign Affairs and International Cooperation (MoFAIC) and UK s Her Majesty s Revenue and Customs (HMRC) held a series of joint technical training workshops on anti-money laundering and countering the financing of terrorism (AML/CFT), in March and April 2021.
The workshops, hosted by the HRMC s team of experts, provided an opportunity to share the latest advances in AML/CFT thinking as part of the UAE s ongoing efforts to raise awareness, build technical expertise, and further strengthen its supervisory system.
Key institutions from across the UAE benefitted from the skills and knowledge exchange, including the Ministry of Economy, Federal Customs Authority, and the Central Bank. The workshops were designed to share the UK Government s leading approach, experience and latest AML/CFT methods, with a focus on several specific target areas of risk, including: ....

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XREX Launches Crypto-Fiat 'Exchange' Platform to Stabilize Cross-border Trade Amidst Dollar Crunch


Backed by the Taiwanese Government’s National Development Fund and the co-founders of Skype, XREX solves dollar liquidity shortages in fast-growing emerging economies, making it easy for any enterprise to operate a secure crypto-fiat exchange featuring full security, KYC, AML, fiat on-off ramps, and liquidity.
TAIPEI / SINGAPORE December 9, 2020 XREX , a blockchain TradeTech company serving cross-border businesses that operate in emerging economies, today announced the launch of MyXchange, a first-of-a-kind digital currency Exchange-as-a-Service (EaaS) platform.
MyXchange makes it easy for any Money Transfer Organization (MTO) to run a secure crypto-fiat exchange that features full Know Your Customer (KYC), Anti-Money Laundering (AML), liquidity, wallet security, and fiat (US Dollar, Indian Rupee) on-off ramps. In the same way that Shopify makes it easy to launch an online store, MyXchange simplifies creating a secure exchange, passing along low fees with seamless cr ....

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