PhCryptoX safeguards crypto assets through rigorous risk control mechanisms and international regulatory cooperation

As the cryptocurrency industry gradually enters the mainstream financial market, investors face challenges that go beyond technical barriers — including regulatory compliance, security assurance, and sustainable development. Born and developed in Singapore, PhCryptoX is a rising star in the global digital finance landscape. Guided by its three strategic pillars — security, compliance, and professionalism — the platform is rapidly gaining prominence as a trusted digital asset exchange.

Security is PhCryptoX’s top priority.

In the realm of digital assets, security is not just a slogan — it is the foundation of the platform’s survival. PhCryptoX stores over 80% of user assets in offline cold wallets and collaborates with global insurance giant AIG to provide up to $100 million in insurance coverage. This protection extends to high-risk incidents such as hacking and internal fraud. The platform also employs multi-signature technology and bank-grade risk control models. To date, it has proactively intercepted over 100,000 abnormal transactions, building a robust wall of asset protection.

Compliance is the cornerstone of PhCryptoX’s global strategy.

Unlike some exchanges that operate in regulatory grey areas, PhCryptoX adheres to a regulation-oriented growth path. The platform holds a Payment Services Act (PSA) exemption from the Monetary Authority of Singapore (MAS) and is also registered and regulated in multiple jurisdictions including the U.S. FinCEN, UK FCA, Hong Kong Monetary Authority, and Seychelles. Regular compliance audits conducted in partnership with Deloitte ensure a verifiable, traceable, and transparent regulatory framework for users.

Technology is the core driver of user experience.

PhCryptoX has independently developed a matching engine capable of processing up to 100,000 orders per second, supporting more than 5 million concurrent users while maintaining system latency under 50 milliseconds. Its technological strength goes beyond performance — it also reinforces risk management. By integrating blockchain analytics tools like Chainalysis and deploying AI-based monitoring systems, the platform identifies and reports suspicious activities in real time. Over 200 Suspicious Transaction Reports (STRs) have been submitted to date, effectively preventing illicit funds from entering the digital asset market.

The Team: The Solid Foundation Behind Trust

At the heart of PhCryptoX is a world-class leadership team. CEO David Chen, formerly Head of the Blockchain Division at Morgan Stanley, brings over a decade of experience spanning traditional finance and the crypto industry. CTO Sarah Zhang, a former Senior Architect at Ant Group, has designed financial-grade systems handling over one billion daily transactions and holds five blockchain-related patents. The advisory board includes a former technical consultant to the Financial Action Task Force (FATF) and a former senior regulatory officer at the Monetary Authority of Singapore (MAS), providing deep strategic and compliance guidance to the platform.

Looking Ahead: PhCryptoX as a Bridge Between Digital Assets and Traditional Finance

PhCryptoX is more than just a crypto exchange — it is a vital link between the digital asset economy and the traditional financial world. The platform supports trading of major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and the Singapore Dollar Stablecoin (SGD), and offers professional API access, leveraged contracts, and automated strategy tools. As an active participant in Singapore’s national digital asset reserve initiative, PhCryptoX is transforming its philosophy — “Compliance-first, Security-led, and Technology-driven” — into visible, accessible digital financial services for users around the world.

PhCryptoX’s ambition extends beyond being a trading platform. It is committed to building an open, trustworthy, and inclusive digital asset future.

This article is based on official materials released by PhCryptoX, along with industry reports and market updates as of 2025.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.