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The licensing follows a review by the DFS of BitPay’s anti-money laundering, anti-fraud, capitalization, consumer protection and cybersecurity policies.
July 16, 2018 at 02:26 PM
1 minute read
The New York State Department of Financial Services announced on Monday that BitPay Inc. has been approved for a virtual currency license by the state.
BitPay is the first blockchain payment processor to obtain such a license from the state, the company said on Twitter.
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