A reputed manufacturer of cryptomate Lamassu moved to Lucerne. Now the company will officially be called Lamassu Industries AG.
We Are Now Lamassu Industries AG of Lucerne, Switzerland 🇨🇭🇨🇭🇨🇭🏔on!!! https://t.co/nnSF054UtF
— Lamassu (@LamassuBTC) 1 January 2019 R.
Co-founder Zach Harvey in the blog notes that other jurisdictions, Switzerland is distinguished by openness to innovations and a well-developed regulatory framework. Also, according to him, Lamassu has long experienced difficulties in banking services, but now the problem is solved.
“Fifteen banks rejected us only because we produce terminals for bitcoin. I should note that our company produces only the hardware and not engaged in trade or storage of cryptocurrencies”, says Harvey.
Lamassu has now managed to successfully negotiate with “a small Bank in the Canton of Aargau” and open an account. According to Harvey, the Bank reacted favorably to the business model of Lamassu. Now the company even plans to place on-site of the financial institution your cryptomath.
In addition, Harvey expressed regret that one day ceased to cooperate with Lamassu known payment processing Stripe. This was done only because the company website was the word “bitcoin”.
“If Stripe was a Swiss company, then maybe this wouldn’t have happened. She [Stripe] would be able to cover companies that are experimenting with innovative technologies”, — he added.
Lamassu the company was founded in mid-2013, by Zach Harvey, Josh Harvey and Matt Witelcom. Less than a year since inception, the company has sold more than 220 devices.
Production capacity Lamassu is hosted in Portugal. The company devices support cryptocurrency bitcoin, Cash Bitcoin, Ethereum, Dash, Litecoin, zcash for, Dogecoin and Monero.
Cryptomate from Lamassu are mainly located in the USA and the EU.
Data: Coin ATM Radar
ForkLog previously reported that the number of installed in the world of bitcoin ATMs has doubled in the past year. It happened against the backdrop of a very bad year for captainvalor.
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