News
Xapo Bank’s Digital Wealth Report says borrowers are keeping Bitcoin-backed loans open longer during the product’s first year of activity.
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Xapo News
Xapo is a free-of-charge Bitcoin wallet and storage platform. It was created in 2013 by Wenses Casares and Federico Murrone. The main office of Xapo is headquartered in Palo Alto, California. The Xapo wallet is available both online and offline with all transactions conducted without any fees. The main feature of the platform is their offer of a special Xapo debit card that is connected to the user’s wallet. The Xapo card allows using digital money to pay for purchases and to make withdraws without searching for available exchanges and thinking of the conversion rate of cryptocurrency to fiat money and vice versa. When replenished, the card user’s national currency is converted into the virtual currency at the current exchange rate. Also, it is possible to get some extra bonuses by using Xapo on faucet websites.
- News
Seamus Rocca warned that the next Bitcoin market downturn could be sparked organically and not through a single catastrophic event.
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Available to pre-approved customers, Xapo Bank’s Bitcoin USD loans target long-term hodlers who can now access loans of up to $1 million.
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Microsoft’s upcoming vote on whether or not to build a Bitcoin position is just another sign of corporations’ and institutional investors’ growing interest in BTC.
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This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave.
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Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts.
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Xapo Bank members will now be able to instantly pay for small purchases of up to $100 at any vendor accepting Lightning payments.
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Liechtenstein's Financial Market Authority has approved a new startup called Lirium, which was founded by a Xapo co-founder and aims to streamline the integration of crypto services by banks and fintechs.
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Gibraltar could be the next crypto hotspot, so what do companies based there think about the territory’s sector-leading regulations?
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