Bitstamp partners with Masterpayment

Now cryptocurrencies process become fast, secure and convenient
23 November 2017   929

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.

Karpeles to Face Another 10 Years in Jail

Japanese enforcements agencies blamed Mt. Gox CEO in stilling $3M
12 December 2018   95

Japanese prosecutors blamed the head of the already inactive exchange Mt. Gox Mark Carpeles in embezzling 341 million yen ($ 3 million) from a bank account trading platform. The prosecutors made the corresponding statement in the Tokyo District Court, demanding 10 years of imprisonment for Karpeles, reports The Mainichi.

[Mark Karpeles] diverted company funds to such uses as investing in a software development business for personal interest" and "played a great role in totally destroying the confidence of bitcoin users.

Japanese prosecutors

It is noted that in September-December 2013, the head of MtGox allegedly transferred funds to personal bank accounts, and then invested in the software development business.

Carpeles is also accused of faking the data of the trading system of the exchange for the fabrication of balance sheets.

The deadline for accepting applications from affected investors as part of the civil rehabilitation of Mt. Gox has been extended until the end of December.