Xapo Moves to Switzerland Citing Customer Privacy Concerns

Xapo

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.

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