“The bitcoin services and security firm said the transition was put in motion three months ago at the request of customers, and that now, Xapo‘s operations in Palo Alto are in the process of being reduced. As part of the transition, Xapo will hire new finance and legal staff in the central European nation while still keeping a small US presence. Xapo moved its deep cold storage vault servers to an unspecified location in the European nation in January, but continued to face pressure from customers for more privacy guarantees, Casares said. ‘We decided to do what they had been asking us to do for a while, move our main company to Switzerland and benefit from the safeguards,’ Casares explained.”
http://www.coindesk.com/xapo-switzerland-privacy-concerns/
Tip Freedomwat.ch Staff with Bitcoin