Quasar International's Texas Strategy 

Texas has a great business environment including no corporate or personal income tax.  In addition, Texas has passed some of the strongest virtual currency laws for investors in the world. 

Texas's actions include

 

  • Virtual currency is not considered currency exchange.

  • No money transmitter license required 

  • Passed virtual currency law 4474 recognizing block-chain and crypto-currency in its Uniform Commercial Code.

  • Virtual currency bill is similar to Wyoming's Digital Asset Bill.

  • Quasar opened a corporate bank account with Texas state-chartered bank Coamerica, who is currently developing crypto custody.