Service BitPay received permission for official work in new York
Source:
Payment service BitPay received Regulations from the financial regulator of new York state. The document will allow BitPay to conduct legitimate business with customers in the state. In addition, local companies will be able to accept payments in Bitcoin and Bitcoin for Cash from all over the world. It is reported .
theLicense to buy cryptocurrency
Before issuing a license, the experts of the Department of financial services of new York (NYDFS) investigated BitPay for money laundering, fraudulent activity and the problems with cyber security. Successful obtaining authorisation from the financial regulator commented the CEO of BitPay Stephen Peyre.
New York has one of the strictest policies regarding the cryptocurrency in the country. Proof legalnoe financial activities BitPay was very important to us. We believe that all hard work will pay off in promising opportunities that are now open to BitPay.
Recall That BitPay was the eighteenth company, which received a license from the NYDFS. Before that it was given , Genesis Global Trading, bitFlyer USA, Coinbase, XRP-II and Circle Internet Financial.
In March, BitPay has entered into a partnership with the crypto currency exchange Bithumb to enter the global market of money transfers. CCO Sonny Singh BitPay said that the company can convert invoices in Bitcoin to avoid a long red tape with the banks.
Hope for the success of the service and at the same time the growth of cryptocurrencies. Partially we .
Service BitPay received permission for official work in new York appeared first on Two Bitcoin.
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