Technology

OrangeX.com: Leading the Way in Regulatory Compliance Excellence

Published

1 year ago

March 25, 2025

VICTORIA, Seychelles, March 25, 2025 /PRNewswire/ — In the fast-paced and ever-evolving cryptocurrency landscape, regulatory compliance has become a defining factor in ensuring long-term sustainability, security, and trust. As a premier global cryptocurrency exchange with more than 3 million users, OrangeX.com is dedicated to upholding the highest standards of legal and regulatory adherence. It fosters a transparent and secure trading environment for users worldwide, which is essential in building trust and reliability with its users and stakeholders.

Adapting to Global Regulatory Standards

OrangeX.com proactively aligns with key regulatory frameworks across multiple jurisdictions, ensuring its operations comply with evolving global regulations. Recognizing the importance of credibility in the international market, OrangeX.com has strategically secured essential licenses and implemented stringent compliance measures.

To reinforce its regulatory foundation, OrangeX.com has obtained a Virtual Asset Service Provider (VASP) license in the Czech Republic.

The Financial Market Supervision Authority (FMSA) serves as the regulatory body administrating and monitoring crypto-related activities in the Czech Republic. As a registered VASP, OrangeX.com has the authorization to provide exchange services between various forms of virtual assets with fiat currency. For OrangeX.com users, the benefits of VASP include more liquidity, wider availability, and tighter data encryption. Operating legally in the Czech market is also a significant milestone for OrangeX.com in expanding its presence in the European Union (EU) region.

Strengthening Compliance Measures

Beyond regulatory licensing, OrangeX.com has embedded a rigorous Know Your Customer (KYC) and AML framework into its operations. These initiatives are designed to prevent illicit financial activities while fostering a secure and trustworthy trading ecosystem. The exchange’s dedicated AML/CFT and Sanctions Compliance team comprises seasoned professionals with extensive industry experience and accredited certifications in anti-money laundering compliance. To further safeguard its platform, OrangeX.com enforces enhanced due diligence (EDD) protocols for high-risk customers and transactions, ensuring meticulous scrutiny and compliance. By leveraging advanced blockchain analytics tools and collaborating with industry-leading compliance firms such as LexisNexis Risk Solutions, SlowMist, and CipherOwl, the exchange continuously monitors transactional activities to detect and mitigate potential risks associated with financial crimes.

LexisNexis Risk Solutions: A global leader in data analytics and risk management, LexisNexis Risk Solutions provides advanced fraud detection, identity verification, and financial crime compliance solutions. The company is trusted by top-tier financial institutions, government agencies, and multinational corporations, helping them mitigate risk and navigate complex regulatory landscapes with cutting-edge AI-driven analytics. The company collaborates with major institutions worldwide and employs professionals from top firms like IBM, Accenture, and Deloitte.Slowmist: A renowned blockchain security firm specializing in smart contract auditing, threat intelligence, and anti-money laundering (AML) solutions. The company has partnered with leading global crypto exchanges such as Binance and OKX, as well as blockchain projects like Ethereum and EOS, to provide comprehensive security assessments and cyber threat mitigation strategies. The team includes experts from leading tech and cybersecurity companies like Alibaba and Tencent.CipherOwl: CipherOwl is a next-generation, AI-powered onchain intelligence platform revolutionizing regulatory compliance and risk analysis for institutional use cases. Leveraging advanced machine learning and data-driven algorithms, CipherOwl automates transaction monitoring and predictive risk assessment, enhancing compliance effectiveness and operational efficiency. Backed by prominent U.S. institutional investors—including General Catalyst, Coinbase Ventures, Road Capital, OKX Ventures, and Sancus—the CipherOwl team consists of experts who built Coinbase‘s onchain data infrastructure and compliance platform, bringing extensive experience from top technology and blockchain companies such as Coinbase, Amazon, Microsoft, Twitter, and Chainalysis. This uniquely positions CipherOwl to drive innovation in digital asset compliance.

This partnership further highlights OrangeX.com’s dedication to adapting to evolving regulatory landscapes and solidifying its position as a responsible leader in the cryptocurrency space. Through this collaboration, OrangeX.com aims to continuously improve its compliance measures, safeguarding users and enhancing the security of its platform.

Completed the integration of the Travel Rule API

OrangeX.com has integrated multiple Travel Rule APIs, including those provided by verifyVASP and CODE Alliance, as a critical component of its AML regulations. The Travel Rule mandates that transaction data is shared when sending cryptocurrencies above a specified value to Virtual Asset Service Providers (VASPs). This integration highlights OrangeX.com’s commitment to compliance and its proactive efforts to meet the requirements outlined by the Markets in Crypto-Assets Regulation (MiCAR).

Prioritizing Transparency and Security

Transparency is a cornerstone of OrangeX.com’s compliance strategy. The exchange consistently publishes detailed reports outlining its regulatory compliance efforts, AML policies, and security measures. Additionally, OrangeX.com conducts regular internal and external audits to ensure operational integrity and uphold regulatory excellence.

Security remains a top priority. OrangeX.com implements robust security measures, including penetration testing, vulnerability assessments, and advanced encryption technologies like Transport Layer Security (TLS) and Advanced Encryption Standard (AES).

By embedding compliance at the core of its operations, OrangeX.com not only protects its users but also strengthens the credibility and legitimacy of the broader cryptocurrency industry. As regulatory landscapes continue to evolve, the exchange remains dedicated to maintaining responsible and compliant trading practices on a global scale.

About OrangeX.com

Established in 2021, OrangeX.com provides its users with services including derivatives trading, spot trading, one-click copy trading, and a fiat gateway to purchase cryptocurrencies. OrangeX.com continues to connect users with professional services and the platform in a safe and innovative way.

For more information, please visit: Website | Twitter | Telegram | CoinMarketCap | Medium

For media inquiries, please contact: marketing@OrangeX.com

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SOURCE OrangeX

Technology

Hexagon Composites ASA: Eirik Løhre appointed permanent CFO

Published

24 minutes ago

May 5, 2026

OSLO, Norway, May 5, 2026 /PRNewswire/ — Reference is made to the stock exchange announcement dated 11 November 2025, where Eirik Løhre was appointed interim CFO in Hexagon Composites.

The Company is pleased to inform that Eirik Løhre has been appointed permanently to the role of CFO in Hexagon Composites, effective today.

Eirik Løhre has been with the Company since 2021 and prior to his role as interim CFO, he served as EVP Corporate Development on the Executive Team.

“Eirik has demonstrated strong financial leadership and execution, and he has been instrumental in strengthening our financial performance. I look forward to continuing our work together to develop and position Hexagon in this next phase of growth,” said Philipp Schramm, CEO, Hexagon Composites.

For more information:
Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites
Tel: +47 988 92 161, berit-cathrin.hoyvik@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation and conversion to clean energy in a wide range of mobility and industrial applications. Learn more at www.hexagongroup.com and follow @HexagonASA on LinkedIn.

This information was brought to you by Cision http://news.cision.com

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Technology

LONGPORT Whale Enters Malaysian Market with Next Generation Trading Infrastructure for Local Brokerages

Published

24 minutes ago

May 5, 2026

LONGPORT Whale, with proven track record across 100+ institutional clients in Asia, makes its Malaysia debut at Bursa Malaysia Stockbroking Trade Fair 2026

KUALA LUMPUR, Malaysia, May 5, 2026 /PRNewswire/ — LONGPORT Whale, a provider of AI-Ready securities trading infrastructure, is making its entry into the Malaysian market at the Bursa Malaysia Stockbroking Trade Fair 2026. The move comes as Malaysia’s Capital Market Masterplan 2026–2030 (CMP4) continues to hone in on local brokerages to modernise core systems, balancing investor experience, regulatory compliance, and operational resilience simultaneously.

Malaysian brokerages are increasingly confronted by a challenge that goes beyond front-end upgrades. Legacy architectures struggle to keep pace with digital-native investor expectations, rising cybersecurity standards, and the demand for multi-market expansion simultaneously. For many such brokerages, the question is no longer whether to modernize, but how to do so without adding complexity or disrupting the business continuity that clients depend on.

Zhong Hua, CEO, LONGPORT Whale, said, “Core trading infrastructure must support continuous evolution — in investor experience, compliance, and AI readiness — without adding unnecessary complexity. The brokerages that lead the next decade won’t be the ones with the best system today; they’ll be the ones whose systems are designed to keep getting better. LONGPORT Whale aims to bring its Asia-proven experience to help Malaysian brokers strike that balance.”

Built on a cloud-native microservices architecture and trusted by more than 100 institutional clients in Asia, Whale’s platform is engineered by industry professionals and refined through years of first-hand operational experience. For the Malaysian market, it addresses four priorities: a best-in-class trading experience validated across competitive, highly regulated markets in Asia; system resilience and performance built for institutional scale, with high system performance and output, real time risk management, and low system latency; global market connectivity spanning Malaysia, Singapore, Hong Kong SAR, US, and Japan without requiring system rebuilds; and an API-first, data-unified architecture that gives brokerages a practical foundation for AI adoption.

Hong Kong SAR and Singapore, where Whale serves online brokers, traditional banking firms, banks and wealth management institutes in a stringent regulatory environment, serve as the primary reference market for its Malaysia expansion. The company said it aims to work with local industry participants as both an infrastructure partner and a contributor to broader conversation on responsible modernization under CMP4.

About LONGPORT Whale

LONGPORT Whale provides integrated securities trading infrastructure to brokers, banks, fund houses, wealth managers, and family offices across Asia. Its cloud-native platform supports multi-market, multi-asset trading across front-, middle-, and back-office workflows, with a deployment model designed for regulatory alignment and long-term scalability. Website: www.longportwhale.com

Media Contact
LONGPORT Whale PR Team
Email: media@longportwhale.com

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SOURCE LONGPORT Whale

Technology

Thunes and Vodacom Tanzania Unite to Power Cross-Border M-Pesa Payments Across China and Uganda

Published

24 minutes ago

May 5, 2026

Collaboration revolutionises trade & financial convenience for Tanzanian merchants and consumers

SINGAPORE, May 5, 2026 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, has joined forces with Vodacom Tanzania, the country’s leading telco company, to transform cross-border trade and digital financial inclusion with Vodacom’s new M-Pesa Global Payment solution. Thanks to the collaboration, Vodacom customers in Tanzania can now seamlessly pay merchants in Uganda and China directly from their mobile phones.

This milestone solution responds to growing demand from Tanzanian traders who engage in commerce with Ugandan and Chinese markets but often face challenges with costly, slow, and insecure payment methods. With this innovation, leveraging the Thunes Direct Global Network, Vodacom aims to bridge those gaps, offering secure, real-time digital payments across borders and reinforcing its leadership in mobile money innovation in Africa.

The solution supports trade with two key markets for Tanzania. For eight consecutive years, China has been Tanzania’s largest trading partner, with bilateral trade hitting $8.8 billion in 2024. In the same year, bilateral trade between Tanzania and Uganda reached approximately $2.23 billion, an increase of 64% on the previous year.

Epimack Mbeteni, M-Pesa Director at Vodacom Tanzania said: “This is more than just a payment feature, it is a catalyst for economic empowerment and a gateway for small and medium businesses and entrepreneurs in Tanzania to compete and thrive in regional and global markets. Through Thunes’ expansive and trusted Network we are enabling seamless, secure, and affordable cross-border payments that empower people, fuel trade and place M-Pesa at the center of Africa’s digital commerce future.”

Through Thunes’ Direct Global Network, customers can now send payments to merchants in Uganda using MTN MoMo and to Chinese merchants through the Alipay network, all through the M-Pesa USSD menu or the M-Pesa Super App. The process is secure, user-friendly, and eliminates the burden of traditional banking barriers for everyday traders and businesses.

Dawei Wang, SVP Network at Thunes, added: “Vodacom Tanzania joining the Thunes Direct Global Network to digitise cross-border payments is a game changer for local businesses. By combining Vodacom’s technology with Thunes’ trusted and proprietary Network, Tanzanian customers can pay partners in China and Uganda in real time. This innovation accelerates interoperability along with international trade and business growth and supports our vision of connecting the next billion end users to the global economy.”

This initiative stands as a strategic enabler for consumers and micro, small, and medium enterprises (MSMEs) who need reliable and quick financial tools such as mobile money. A 2025 GeoPoll survey on Tanzania Financial Services and Usage found that 94% of the survey’s respondents use mobile money.

The Thunes and Vodacom Tanzania alliance is set to transform the lives of millions of consumers by dismantling cross-border barriers. By hyper-connecting Tanzania to global powerhouses like China and streamlining intra-African trade, the collaboration is helping to build an inclusive economy and grow Tanzania’s role as a force in the global market.

About Vodacom Tanzania

For more information, visit: https://www.vodacom.co.tz/

About Thunes

For more information, visit: https://www.thunes.com/

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