Our unique
regulatory
strucuture

We are one of the first to be fully licensed as both a bank and a Virtual Asset Service Provider (VASP).

Our security system Reserve Compliance Inheritance

Why bank your Bitcoin?

Because it keeps your holdings safer, while making it easy to transact, and possible to earn. And it means there are multiple layers of protections in place for your funds, even if Xapo Bank were to close.¹

We comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations and keep your Bitcoin holdings and transaction information private by design.

A fully
licensed bank A fully
licensed bank

Xapo Bank

Your USD deposits are guaranteed.

Our status as a fully regulated bank provides protection for your USD with deposits of up to the equivalent of EUR 100,000 backed by the Gibraltar Deposit Guarantee Scheme, and securities with a value of up to €20,000, covered by the Gibraltar Investor Compensation Scheme (GICS), which compensates 90% of the investment value up to a maximum of €20,000.

Discover more

A regulated
bitcoin custodian A regulated
bitcoin custodian

Xapo Vasp

We’re setting a new regulatory standard for Bitcoin.

Our status as a VASP requires us to adhere to strict regulatory protocols for operational integrity and customer protection.

Discover more

Our compliance protocols

We operate under the oversight of the Gibraltar Financial Services Commission. Certain services are also available in the UK under the regulation of the Financial Conduct Authority (FCA).²

We are bound by consumer protection laws and adhere to strict international compliance standards for the assets we protect, including:

PCI-DSS

Payment Card Industry Data Security Standard (PCI-DSS), keeps your card information secure.

KYC

Know Your Customer (KYC) verifies the legitimacy of our members and their transactions.

AML

Anti-Money Laundering (AML) ensures the integrity of all transactions.

Routine independent audits

Independent oversight

Man engaging with his mobile phone against an orange background.

Independent oversight

To ensure we continue to operate in full compliance with regulatory standards we undergo routine independent audits by one of the big 4 accountancy firms, as well as Service Organization Control Type 2 (SOC 2), and PricewaterhouseCoopers (PwC). They evaluate our operations, product and services, and security controls.

Your privary is protected

Privacy

Close-up shot of a security camera with it's recording light switched on.

Privacy

Rest assured that our rigorous compliance measures do not compromise the privacy of your account. While we open our own balance sheets to auditors, your Bitcoin balance won’t be shared without your consent and will not be publicly available.

Meet our team of experts

Xapo Bank employees in discussion at the Gibraltar headquarters.

Expertise

Our board members have decades of experience across the global financial industry, with diverse specialties including Bitcoin security, international finance, law, and traditional banking.

Our expertise