Xapo Moves HQ to Zurich
Xapo has been focusing on building its infrastructure to become the most secure bitcoin storage service on the digital currency ecosystem. Since the beginning, this has been the company main focus and to support and accelerate their aim, Wences Casares, Xapo Founder and CEO, has recently announced the company was moving its headquarters to the global financial center of Zurich, Switzerland. It looks like the company's primary deep cold storage vault is also located in Switzerland, and at the request of our expanding global customer base, the company believes now is the time to bring their....
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Xapo has officially relocated its corporate headquarters to Zurich, Switzerland, citing the country's long history of neutrality and stability. The bitcoin services and security firm said the transition was put in motion three months ago at the request of customers, and that now, Xapo's operations in Palo Alto are in the process of being reduced. As part of the transition, Xapo will hire new finance and legal staff in the central European nation while still keeping a small US presence. In interview, Xapo CEO Wences Casares sought to position the move as one that would appeal to customers....
According to Fortune, identity theft protection company LifeLock has filed a lawsuit against the Zurich-based Bitcoin cold storage vault provider Xapo's founder Wences Casares and four other employees. In its complaint, LifeLock is asking the court to coerce the founder and others to expel "the value of the Xapo product attributable to Defendants' misrepresentations, omissions, breaches of duty, and other wrongful conduct." If the court finds Casares guilty, LifeLock might aim to take a direct shot at one of the most promising Bitcoin ventures, Xapo. What is the Case? In December 2013,....
Bitcoin firm Xapo announced its plans to relocate to Zurich in order to benefit from Switzerland's neutrality and stability. The company, which focuses on security and bitcoin services, has started the transition around three months ago, following requests from its customers. For now, the company plans to hire finance and legal staff from Europe while maintaining a small presence in the United States. According to Xapo CEO Wences Casares, this decision was made after clients raised concerns about bitcoin regulation and increased oversight on transactions. Bitcoin Firm Regulation. "This is....
XAPO Cat is watching you... You may have heard about how XAPO is charging excessive previously undisclosed fees on their Xapo Debit Card, but what you may not know is that they will reimburse you for the third-party monthly fees, in Bitcoin! Though, aside from the $15 shipping fees, XAPO included a few other hidden fees they consider to be "customary fees just as with any other debit card." XAPO Debit Card Fees. XAPO has been under a lot of PR stress lately as they released the fee schedule from their debit card supplier. On August 4th, XAPO posted an update on their news feed which stated....
If you're a Xapo user, you may have received an email last night from the company with a nice little announcement. The bitcoin debit card and vault provider announced a little something they're calling Xapo Deposit (perhaps aptly enough), a service that will allow users to acquire bitcoin on the Xapo platform via wire transfer. The addition of the feature will allow Xapo's users the ability to more easily get their hands on the digital currency, and thus requiring a place to store them (which is good for Xapo). As one might come to expect, the process is really quite simple. To make it....