Bitstamp partners with Masterpayment

Now cryptocurrencies process become fast, secure and convenient
23 November 2017   277

The global digital currency and Bitcoin exchange in the EU Bitstamp concluded an agreement with Masterpayment which specializing in the requirements of the new cryptocurrency markets. This agreement is about credit card processing and acquiring of cryptocurrency purchases. Now all operations will be faster and customers will have more convenient transactions with the high-caliber security.

Here at Bitstamp, we’ve always sought to make access to digital currencies as safe, simple and secure as possible. That’s why we are excited about our partnership with Masterpayment, which is ideally positioned to help us follow through on these goals.

 

Miha Grčar

Head of Business Development at Bitstamp

The customers of Bitstamp can buy bitcoin (BTC), litecoin (LTC), ether (ETH) and ripple (XPR) with USD or EUR using Visa and Mastercard credit or debit cards. These transactions fees will decrease from 8 percent to 5 percent.

In the past months, Bitstamp announced about ether’s launching on its trading platform, and about partnership with Swissquote to offer trading of bitcoin by the online bank’s platform, and making generated new addresses of bitcoin at Bitstamp Segwit compatible.

Wyoming Passed Bill Exempting Utility Tokens from Securities Laws

The Wyoming House of Representatives has unanimously approved a bill exempting utility tokens from securities laws  
20 February 2018   71

On Monday, House Bill (HB) 70 passed the House 60 to 0 and will now head to the Senate. The bill exempts utility tokens from securities laws. This will attracts ICO’s launches to the state and will make the state a favorable environment for blockchain startups.

According to the bill, the utility token must meet three conditions:

  1. The token’s issuer must not market it as an investment;

  2. The token must be exchangeable for goods and services, for example, startups must have a working product or service at the time the tokens are issued;

  3. The token’s issuer must not actively make efforts to create a secondary market for the token by entering into a repurchase agreement or agreeing to locate buyers for the token.

It is important to note that there are four more cryptocurrency and blockchain-related bills currently moving through the Wyoming legislature.

HB 19 passed the House of Representatives on Monday and is now awaiting introduction in the Senate. The bill exempts cryptocurrency from the state’s money transmitter act.

HB 101 has passed its second reading in the House and, if it passes its final hearing, will then go to the Senate. This bill will allow companies to create and use blockchains for the purpose of storing records and conducting inter-office communication.

HB 126 has just passed its second reading in the House. It will allow the creation of series LLCs.

Senate File (SF) 111 passed a vote to introduce on Friday and is now headed to a committee hearing. This bill will exempt cryptocurrency assets from state property taxes.