đ World First: Xapo Launches Interest-Bearing Bitcoin & Fiat Accounts in the UK đ
- Xapo: A local bank has officially entered the UK market after successfully passporting its banking license.
- Global First: Xapo will be the first in the world to offer interest-bearing Bitcoin and fiat banking accounts.
- Key Features:
- Bitcoin Accounts: Yield 1% interest without the need for staking, lending, or locking up assets.
- Fiat Accounts: Seamlessly integrated alongside Bitcoin, allowing customers to spend Bitcoin like fiat.
- Accessibility: Customers can easily spend their Bitcoin just like traditional currencies.
- Leadership Insight:
- Joey Garcia (Director & Chief Legal Officer, Xapo): "This is a first of its kind offering, and all from a bank on the Rock."
- A New Era in Banking: Xapoâs innovative approach could redefine how Bitcoin is utilized and managed in everyday banking.
đŹ Excited about earning interest on your Bitcoin? What are your thoughts on Xapoâs groundbreaking move? Let us know in the comments!
