Xapo, a widely utilized bitcoin wallet platform and service provider has been criticized for its impractical Know Your Customer (KYC) policies in recent weeks. Users reported various infeasible situations when depositing and withdrawing funds to their bitcoin wallets. Over the past few years, Xapo has established an active user base with a simplistic and user-friendly application, bitcoin vault service, and bitcoin debit card. As the platform grew larger in size, the …
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