BitPay is a bitcoin payment service which is headquartered in the U.S. It was founded by Tony Gallippi and Stephen Pair in 2011. Bitpay provides processing services for merchants for two cryptocurrencies, Bitcoin and Bitcoin Cash. In May 2014, the company received $30 million in funding from various investors, including Richard Branson and Jerry Yang. In July 2018, it received its virtual currency license, granted by the New York Department of Financial Services.

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