Xapo Will Stop Its Services To US Customers Soon
Last Updated: 31 December 2020
One of the earliest Bitcoin custodial services Xapo has announced that it will be halting its services in the United States by March next year.
The custodial firm has been sending emails to its American-based client, telling them about the closure plans. Xapo has also asked the customers to withdraw their funds as soon as possible before the March deadline. Earlier, the firm stopped Bitcoin transactions on its wallet for US customers. Xapo informed the customers that its subsidiary Xapo Inc. will be leaving the U.S. market and all customer accounts will be closed.