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Xapo Bank is a private bank headquartered in Gibraltar, which operates globally and is licensed as a virtual asset currency provider by the Gibraltar Financial Services Commission. As of 2023, the company offers stock market trading to its clients in Europe. Xapo Bank's founding CEO and entrepreneur Wences Casares became interested in bitcoins because of the frequent financial fluctuations in his native Argentina. He has said that his family's finances were “devastated as the economy (in Argentina) rocketed from inflation to deflation to devaluation.” Casares believes that digital currencies such as bitcoin “could solve the disjointed nature of our world economy.”
Xapo Bank is a private bank headquartered in Gibraltar, which operates globally and is licensed as a virtual asset currency provider by the Gibraltar Financial Services Commission. As of 2023, the company offers stock market trading to its clients in Europe. Xapo Bank's founding CEO and entrepreneur Wences Casares became interested in bitcoins because of the frequent financial fluctuations in his native Argentina. He has said that his family's finances were “devastated as the economy (in Argentina) rocketed from inflation to deflation to devaluation.” Casares believes that digital currencies ...