Manufacturer bitcoin Lamassu cryptomate due to difficulties with regulators in other countries, decided to move the office in Switzerland because it believes it is more open to innovation and have developed legal and regulatory frameworks.

According to the company, production capacity of which were in Portugal, and cryptomate – in the US and the EU, she was denied the services of 15 banks due to the fact that its products – hardware – tied to cryptocurrency and payment service Stripe deterred from cooperation, the word “bitcoin” on the website Lamassu.

Now the company will be called Lamassu Industries AG and will continue to work of Lucerne.

We Are Now Lamassu Industries AG of Lucerne, Switzerland 🇨🇭🇨🇭🇨🇭🏔

— Lamassu (@LamassuBTC) January 1, 2019

Recall that in mid-December last year, the Russian company “Nanobit” and “the System of currency exchange and Analytics” (OWL.Of the Russian Federation) has launched the online resource c information about the exchange of cryptocurrencies. The service allows the user to find the nearest office or cryptomath to buy/sell cryptocurrencies and to obtain accurate data about them: address, working hours, rates of purchase/sale, amount of fee, the balance of liquidity, a description with photos of facilities in which they are located, and other information.