BitPay is accused of allowing users in North Korea, Sudan, Syria, Ukraine, Cuba and Iran to transact on its platform despite having IP addresses and other location data about these users.
Both Paxos and BitPay have filed with the United States Office of the Comptroller of the Currency to become national banks.
BTC and BSV are both making their paths known with the payment protocols they chose, and only BSV is moving towards Satoshi’s vision.
Luxembourg’s financial services regulator has sounded the alarm against a fraudulent cryptocurrency clone website that claims to operate from the country.
Crypto payment processor BitPay has been slammed by press reports in Hong Kong amid claims the firm blocked crypto donations to Hong Kong for a number of weeks.
BitPay has decided to suspend operations in Germany while it decides whether or not to proceed to operate in the country.
AT&T becomes the first major telecommunications carrier to accept crypto payments from their customers.
Another major international company has decided it was time to embrace cryptocurrencies as a form of payment.
Bitpay hasn’t publicly discussed any kind of IPO but according to documents exclusively obtained by CoinGeek, it is suffering from some of the same problems as Bitmain.
Copay, the multisignature wallet from BitPay, described itself as a “secure, shared Bitcoin wallet.” That, apparently, hasn’t been the case for the past several months.