Tagged: xapo bank

March 21, 2025 @ 10:41 am By JD Alois  |  

The Bank of England’s Monetary Policy Committee (MPC) has decided to hold its benchmark rate steady at 4.5%. This follows the US Federal Reserve’s decision not to change its rates. The MPC voted 8 to 1, with one member preferring to cut rates by 25 basis… Read More

March 18, 2025 @ 9:47 am By JD Alois  |  

Gibraltar-based Xapo Bank has announced US dollar-based loans backed by Bitcoin. According to the bank, their customers may access credit of up to $1 million, secured by Bitcoin holders. Terms range from 30 days and up to a year. No penalties for early repayment. By… Read More

February 6, 2025 @ 11:30 am By JD Alois  |  

The Bank of England has cut benchmark rates by 25 basis points to 4.5%, a move anticipated by markets. The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate. In Q4 2024,… Read More

January 9, 2025 @ 3:20 pm By JD Alois  |  

While MiCA [Markets in Crypto Assets] rules in the EU do not regulate securities it does outline a path for stablecoin integration. Stablecoins may emerge as the next iteration of payments rails with immediate transfers and low cost services. Dary McGovern, Chief Operating Officer of… Read More

January 9, 2025 @ 10:09 am By JD Alois  |  

Although the US Securities and Exchange Commission (SEC) fought it tooth and nail, one year ago, the first Bitcoin ETFs were approved by the regulator. The approval brought a degree of mainstream acceptance to the world’s favorite crypto, providing a way for anyone to purchase… Read More

November 5, 2024 @ 11:00 am By JD Alois  |  

Paul Grewal, Chief Legal Officer at Coinbase (NASDAQ:COIN), has taken to X to air his grievance with the ongoing US Federal Government attempting to impede the development of digital asset firms. Commenting on their FOIA [Freedom of Information Act] request, Grewal says that the FDIC… Read More

October 13, 2024 @ 2:39 pm By Omar Faridi  |  

FalconX has reportedly been selected recently by Xapo Bank to serve as its primary liquidity provider. FalconX confirmed in a blog post that their strategic partnership with Xapo Bank, which is a regulated banking platform and Bitcoin custodian based in Gibraltar. Via this collaboration, FalconX… Read More

May 29, 2024 @ 2:39 pm By Omar Faridi  |  

Xapo Bank, the “fully” licensed bank that makes it simple for members to bank with Bitcoin, today announces that it has integrated further with the Lightning Network to facilitate Bitcoin deposits into members’ Bitcoin accounts. The integration provides an additional method “to deposit Bitcoin from… Read More

November 20, 2023 @ 2:42 pm By Tony Zerucha  |  

Xapo Bank, a fully licensed bank that combines traditional banking with access to Bitcoin, stablecoins, and altcoins, recently announced it is launching three more cryptocurrencies that members can buy, sell, and hold on the Xapo Bank app — Ethereum (ETH), Cardano (ADA), and Polygon (MATIC)…. Read More

June 23, 2023 @ 11:06 am By Omar Faridi  |  

Xapo Bank, a “fully licensed” private bank that combines traditional banking with the utility of Bitcoin and stablecoins, announced that it will begin accepting members across South Asia, including India, “making its full suite of hybrid banking services and the financial opportunities they present accessible… Read More

June 5, 2023 @ 8:24 am By Omar Faridi  |  

Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, announced an integration with the single euro payments area (SEPA) network, allowing members the seamless movement of funds in Euros (EUR). First introduced in 2008 and comprising 36… Read More

May 10, 2023 @ 8:40 am By Omar Faridi  |  

Xapo Bank, a licensed private bank that aims to combine traditional banking with access to Bitcoin and stablecoins, claims to have become the first bank in the world to integrate Tether (USDT) payment rails. Xapo Bank is regulated and based in Gibraltar. Earlier this year,… Read More

March 21, 2023 @ 9:59 am By JD Alois  |  

Xapo Bank says it is the first regulated bank to accept USDC deposits and withdrawals. Issued by Circle, USDC is the second largest stablecoin by market cap, pegged to the US dollar. Xapo Bank is regulated and based in Gibraltar. Xapo Bank states that USDC… Read More

March 18, 2023 @ 11:52 am By Omar Faridi  |  

Xapo Bank now supports near-instant pounds Sterling payments and from the United Kingdom. Xapo Bank confirmed in a blog post that they are pleased to announce that they have joined the Faster Payment System (FPS). This means their members can now “send Pounds Sterling directly… Read More

March 4, 2023 @ 10:53 am By Omar Faridi  |  

Xapo Bank, a Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with the Lightning Network “to enable lightning-fast Bitcoin payments for its customers.” Xapo Bank members “can now instantly pay for small purchases of up to $100 USD at any vendor… Read More