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Topic: Bitcoin Firm Xapo Relocates to Switzerland (Read 624 times)

member
Activity: 84
Merit: 10
★YoBit.Net★ 100+ Coins Exchange & Dice
Brilliant!  If it really is to protect user data that is.  Here in the us so many companies can do nothing when the government wants to take the data.
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
This is a great Idea I think, because I also a Xapo user Grin I hope Xapo will make the service even better in the future Wink
hero member
Activity: 699
Merit: 501
Everyone that starts making serious money eventually moves to Switzerland to not get obliterated by mega taxes. I guess Xapo is being a success then.

Regarding 'https://bitcointalksearch.org/topic/coinbase-accounts-are-closed-due-to-us-govt-sanctions-1064223' it would also increase their marketshare, since I'm almost certainly sure they wouldn't be required to follow any sanctions set by the U.S. govt.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
As a user of Xapo, I find this very nice.
legendary
Activity: 868
Merit: 1006
Everyone that starts making serious money eventually moves to Switzerland to not get obliterated by mega taxes. I guess Xapo is being a success then.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
Smart move. Sounds good for Xapo.
hero member
Activity: 490
Merit: 500
37iGtdUJc2xXTDkw5TQZJQX1Wb98gSLYVP
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.

Source: http://www.newsbtc.com/2015/05/15/bitcoin-firm-xapo-relocates-to-switzerland/

wow that a great news. thanks for sharing it. i am actually a xapo user and also made a faucet about it xapor.tk
hero member
Activity: 896
Merit: 1000
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.

Source: http://www.newsbtc.com/2015/05/15/bitcoin-firm-xapo-relocates-to-switzerland/
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