The blockchain payments processor BitPay has been given permission to operate in New York by the state’s financial authorities. BitPay announced on Monday they had been granted a virtual currency license, or ‘BitLicense’, by the New York State Department of Financial Services (DFS). BitPay is a crypto-payment processor that enables users to pay or charge for goods and services in either bitcoin (BTC) and bitcoin cash (BCH). Today’s development means that businesses can now use BitPay to accept cryptocurrency for purchases or use it to make payments. Home to the headquarters of multiple multinationals and one of the ... (full story)