Xapo Still Battling Swiss Regulators After 18 Months in Limbo

Xapo Still Battling Swiss Regulators After 18 Months in Limbo

‘Bitcoin Bank’ Xapo has still not completed its move to Switzerland more than 18 months after announcing the plan. CEO: Swiss is Best. The company, registered in the Cayman Islands but run out of the US, said that regulatory issues were behind the delays, with Swiss authorities unsure as to how to classify Xapo’s activities. “The regulatory environment for Bitcoin in Switzerland is very advanced, perhaps the best in the world,” CEO Wences Casares previously told local news publication Finanz Und Wirtschaft. As 2016 draws to a close, however, a sense of irony is beginning to creep in. In a....


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