XREX Granted Conditional Approval for Payment License by Monetary Authority of Singapore

Cryptocurrency exchange XREX has announced that the Monetary Authority of Singapore (MAS) has provisionally approved its payment license application. This approval will allow the company to offer products and services related to digital payment tokens in Singapore. Once the license is fully granted, XREX will be able to further promote its payment tool BitCheck, which supports fiat currencies, stablecoins, and other cryptocurrencies simultaneously in the local market.