🌍 World First: Xapo Launches Interest-Bearing Bitcoin & Fiat Accounts in the UK 🌍
- 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: Xapo’s innovative approach could redefine how Bitcoin is utilized and managed in everyday banking.
💬 Excited about earning interest on your Bitcoin? What are your thoughts on Xapo’s groundbreaking move? Let us know in the comments!
