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BitPay is a bitcoin payment service provider headquartered in Atlanta, Georgia, United States. [1] It was founded in May 2011 by Tony Gallippi and Stephen Pair . BitPay provides Bitcoin [ 2 ] payment processing services for merchants.
Litecoin was a source code fork of the Bitcoin Core client, originally differing by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), faster difficulty retarget, and a slightly modified GUI. [citation needed]
BitLicense. A BitLicense is the common term used for a business license for virtual currency activities, issued by the New York State Department of Financial Services (NYSDFS) under regulations designed for companies. [1][2][3] The regulations are limited to activities involving the state of New York or a New York resident.
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BidPay. BidPay was an online auction payment service website, established in 1999 by Steve Chin and Marek Bradbury that allowed auction buyers to purchase money orders online using their credit card. BidPay was purchased by First Data Corporation /Western Union in 2001 for an undisclosed sum. BidPay was rebranded as "Western Union Auction ...