[Xapo Bank's Mandatory Location Permission Sparks User Privacy Concerns] According to Bitcoin News, Bitcoin bank Xapo Bank now requires users to enable location permissions to use its app. Some users reported being told they must share GPS coordinates to access their funds. Xapo Bank stated that it cross-references location information with other data to confirm that account holders are in actual control of their accounts. Bitcoin analyst Tone Vays warned that such location requirements could become standard for regulated payment apps, while Casa CEO Nick Neuman suggested that this move is more likely aimed at curbing the growing threat of social engineering attacks rather than traditional KYC measures.