Licenses
Jurisdiction
License
State Agency
562
Alabama Securities Commission
401 Adams Avenue, Suite 280
Montgomery, AL 36104
AKMT-011875
State of Alaska Department of Commerce, Community & Economic Development, Division of Banking & Securities
550 W 7th AVE, STE 1850
Anchorage, AK 99501
MT-1048381
Arizona Department of Financial Institutions
100 North 15th Avenue, Suite 261
Phoenix, AZ 85007
131281
Arkansas Securities Department
1 Commerce Wy #402
Little Rock, AR 72202
24118
Office of the State Bank Commissioner
555 E. Loockerman Street, Suite 210
Dover, DE 19901
MTR1496848
Department of Insurance, Securities, and Banking
810 First Street, NE, Suite 701
Washington, District of Columbia 20002
FT230000212
Florida Office of Financial Regulation
101 E. Gaines Street
Tallahassee, FL 32399
59343
Georgia Department of Banking and Finance
Money Services Businesses
2990 Brandywine Road, Suite 200
Atlanta, GA 30341-5565
MTL-305
Idaho Department of Finance
800 Park Blvd., Suite 200
Boise, ID 83712
OR
P.O. Box 83720
Boise, ID 83720-0031
Phone: 1-888-346-3378
E-Mail: securities@finance.idaho.gov
Website: http://www.finance.idaho.gov
MT.0000332
Illinois Department of Financial and Professional Regulation Division of Banking
100 West Randolph, 9th Floor
Chicago, IL 60601
2019-0078
Iowa Division of Banking
200 East Grand Avenue, Suite 300
Des Moines, IA 50309
MT.0000222
Office of the State Bank Commissioner, Consumer and Mortgage Lending Division
700 SW Jackson St, Suite 300
Topeka, KS 66603
No License #
Dept. of Professional & Financial Regulation, Bureau of Consumer Credit Protection
35 State House Station
Augusta, ME 04333
1496848
Maryland Commissioner of Financial Regulation
500 North Calvert Street, Suite 402
Baltimore, MD 21202
FT1496848
Division of Banks
1000 Washington Street, 10th Floor
Boston, MA 02118-6400
3365
Mississippi Department of Banking and Consumer Finance
Post Office Box 12129
Jackson, MS 39236
1496848
Nebraska Department of Banking & Finance
1526 K Street, Suite 300
Lincoln, NE 68508-2732
1903914 C22
New Jersey Department of Banking and Insurance
20 West State Street, PO Box 325
Trenton, NJ 08625
No License #
Regulation & Licensing Department
5500 San Antonio Dr NE
Albuquerque, NM 87109
0000008
New York Department of Financial Services
One State Street
New York, NY 10004-1511
MT104418
North Dakota Department of Financial Institutions
1200 Memorial Highway
Bismarck, ND 58504
OHMT 163
Ohio Division of Financial Institutions
77 South High Street, 21st Floor
Columbus, OH 43215
MTX-30198
Oregon Department of Consumer and Business Services, Division of Finance and Corporate Securities
PO Box 14480, 350 Winter St., NE, Suite 410
Salem, Oregon 97309-0405
1496848.MT
South Dakota Department of Labor and Regulation, Division of Banking
1601 N. Harrison Avenue, Suite 1
Pierre, SD 57501
1496848
Department of Financial Institutions, Compliance Division
312 Rosa L. Parks Avenue, 26th Floor
Nashville, TN 37243
550-MT-103417
State of Washington - Department of Financial Institutions
Division of Consumer Services
150 Israel Road, S.W.
Tumwater, WA 98501
WVMT-1496848
West Virginia Division of Financial Institutions
900 Pennsylvania Avenue, Suite 306
Charleston, WV 25302-3542
No Investment Advice & Acknowledgment of Risk
BitPay does not provide investment, tax, or legal advice, and you are solely responsible for determining whether cryptocurrency should be bought, sold, or otherwise transacted by you. Before interacting with cryptocurrency it is important you do your own research. BitPay does not endorse the viability or safety of any listed asset on the platform.
Disclosures
Please note that this license does not cover the transmission of virtual currency.
For Alaska Residents Only: If your issue is unresolved by BitPay, Inc. 1-404-907-2055, please submit formal complaints with the State of Alaska, Division of Banking & Securities. Formal complaints must be in writing, please download the form here: https://www.commerce.alaska.gov/web/portals/3/pub/DBSGeneralComplaintFormupdated.pdf
* Submit formal complaint form with supporting documents:
Mail: Division of Banking & Securities PO Box 110807 Juneau, AK 99811-0807
If you are an Alaska resident with questions regarding formal complaints, please email us at dbs.licensing@alaska.gov or call Nine Zero Seven Four Six Five Two Five Two One
For Arizona Residents Only: If your issue is unresolved by BitPay, Inc. 1-404-907-2055, you may complete an Online Complaint Form as stated on the File a Complaint against a Financial Institution or Enterprise page
AZ e-Licensing Portal for filing a complaint: https://difi.az.gov/complaint
AZDFI Consumer Complaint Portal: https://elicense.az.gov/ARDC_FileComplaint
AZ Financial Institutions Division: (602) 771-2800 | Toll-free: (800) 544-0708
NOTICE: By the Florida Office of Financial Regulation
BY GRANTING BITPAY A LICENSE, THE FLORIDA OFFICE OF FINANCIAL REGULATION IS NOT ENDORSING THE USE OF DIGITAL OR VIRTUAL CURRENCIES.
* U.S. currency is legal tender backed by the U.S. government.
* Digital and virtual currencies are not issued or backed by the U.S. government, or related in any way to U.S. currency, and have fewer regulatory protections.
* The value of digital and virtual currencies is derived from supply and demand in the global marketplace which can rise or fall independently of any fiat (government) currency.
* Holding digital and virtual currencies carries exchange rate and other types of risk.
POTENTIAL USERS OF DIGITAL OR VIRTUAL CURRENCIES, INCLUDING BUT NOT LIMITED TO BITCOIN, SHOULD BE FOREWARNED OF A POSSIBLE FINANCIAL LOSS AT THE TIME THAT SUCH CURRENCIES ARE EXCHANGED FOR FIAT CURRENCY DUE TO AN UNFAVORABLE EXCHANGE RATE. A FAVORABLE EXCHANGE RATE AT THE TIME OF EXCHANGE CAN RESULT IN A TAX LIABILITY. PLEASE CONSULT YOUR TAX ADVISOR REGARDING ANY TAX CONSEQUENCES ASSOCIATED WITH YOUR HOLDING OR USE OF DIGITAL OR VIRTUAL CURRENCIES.
If you have a question or complaint, please contact the consumer assistance division of BitPay at:
https://support.bitpay.comBitPay is licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services.
Please note the following disclosures associated with virtual currency:
- Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections.
- Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of virtual currency.
- Transactions in virtual currency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable.
- Some virtual currency transactions shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that the customer initiates the transaction.
- The value of virtual currency may be derived from the continued willingness of market participants to exchange fiat currency for virtual currency, which may result in the potential for permanent and total loss of value of a particular virtual currency should the market for that virtual currency disappear.
- There is no assurance that a person who accepts a virtual currency as payment today will continue to do so in the future.
- The volatility and unpredictability of the price of virtual currency relative to fiat currency may result in significant loss over a short period of time.
- The nature of virtual currency may lead to an increased risk of fraud or cyber-attack.
- The nature of virtual currency means that any technological difficulties experienced by BitPay may prevent the access or use of a customer’s virtual currency.
- Any bond or trust account maintained by BitPay for the benefit of its customers may not be sufficient to cover all losses incurred by customers.
