BitPay BitLicense
BitPay’s New York BitLicense, from the NYDFS register.
- Legal name (NYDFS)
- Bitpay, Inc.
- Approval
- BitLicense
- Approved (as published)
- July 16, 2018
- Status
- Active
- Approved activities
- clearing and settlement services to merchants accepting or issuing payments in bitcoin
Bitpay, Inc. is licensed by the New York State Department of Financial Services (NYDFS) as a virtual currency business, approved on July 16, 2018.
What NYDFS approved. Clearing and settlement services to merchants accepting or issuing payments in bitcoin.
Questions
Does BitPay have a BitLicense?
Yes. NYDFS lists Bitpay, Inc. as holding a virtual currency license, granted July 16, 2018.
What does a BitLicense mean for customers?
A BitLicense is New York’s license for virtual currency business activity with New York residents, such as exchange, custody or transfer services.
Browse all firms in the NYDFS BitLicense list.
- Brand
- BitPay
- Approved
- NYDFS announcement
- dfs.ny.gov
- Company website
- bitpay.com
- NYDFS register
- dfs.ny.gov
- Sources
Source Link NYDFS register of virtual currency businesses https://www.dfs.ny.gov/virtual_currency_businesses Approved activities; PR dated July 16, 2018 https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1807161
Source: the NYDFS list of regulated virtual currency businesses and NYDFS announcements, linked on each record. NY Presswire is not affiliated with NYDFS; the NYDFS register is the official record.