Crypto Friendly Xapo Bank Expands to India, Rest of South Asia

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Crypto Friendly Xapo Bank Expands to India, Rest of South Asia
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Gibraltar-based crypto friendly xapoprivatebank is expanding across India and the rest of South Asia to grow cryptocurrency services in the region. By JamieCrawleyCD.

Gibraltar-based crypto friendly private bank Xapo is to expand across India and the rest of South Asia in a sign of considerable expansion for the provision of cryptocurrency services in the region.

Xapo is to begin accepting members across South Asia, offering services such as its USD offshore savings account offering 4.1% interest and a bitcoin wallet, offering 1% on BTC deposits, according to an emailed announcement on Thursday. "This is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape, as well as our mission to make transacting transparently and securely from anywhere in the world as simple as it can be for our members," CEO Seamus Rocca said.

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