Press release

BitPay Chief Compliance Officer Named Atlanta Business Chronicle’s 2019 Corporate Counsel Award Honoree

Sponsored by Businesswire

the largest global blockchain payments provider, today announced its
Chief Compliance Officer Jeremie Beaudry is among Atlanta’s elite legal
experts as a Specialist Counsel Honoree from the Atlanta
Business Chronicle’s
2019 Corporate Counsel Award sponsored by the
paper and the Association of Corporate Counsel Georgia Chapter. The
Specialist Counsel is recognized as an outstanding corporate counsel
specializes in a field such as employment, tax, privacy, IP, and/or real

Mr. Beaudry and BitPay are among legal executives from leading Atlanta
companies including TSYS, NCR Corp., Inspire Brands, The Coca-Cola Co.,
The Home Depot Inc., HD Supply and Cox Enterprises. The winners will be
honored at a luncheon on May 8 and will be featured in a special section
in the May 10 issue of Atlanta Business Chronicle.

“Jeremie is an incredible asset to the BitPay team and it’s an honor to
see him being recognized for his hard work,” said Stephen Pair,
co-founder and CEO of BitPay. “He has developed a team and built a
strong risk and compliance framework to make sure BitPay follows the
applicable rules and regulations on different continents.”

BitPay leverages the promise blockchain provides with transactional
transparency. It is impossible to use a blockchain payment method like
Bitcoin for fraud as every transaction is verified, recorded and stored
on a public, tamper-resistant ledger. Further as a push transaction,
similar to taking cash out of a wallet, the user sends the exact amount
of Bitcoin needed to pay the bill. This eliminates traditional credit
card fraud and identity theft risks associated with credit cards. As a
result, there are no chargebacks. One of the biggest headaches
businesses have today is chargebacks and for online merchants this
headache is compounded with the added risk identity theft and fraud. In
2011, BitPay saw the potential to make it easy for businesses to accept
blockchain payments and revolutionize the financial industry

Mr. Beaudry started with BitPay 2.5 years ago and oversees global
compliance as Chief Compliance Officer. Over his twelve-year career, Mr.
Beaudry developed expertise with contract drafting, privacy matters,
negotiations, contract review, risk management, public speaking,
compliance, legal issues, blockchain analysis, Bitcoin, money
transmission, state licensing, AML, BSA audits, training, and employee
development, creating presentations, governance, and political strategy.

He has a Bachelor of Business Management from Kennesaw State University,
a law degree from Atlanta’s John Marshall Law School and several
industry licenses such as an Associate in Risk Management (ARM) and an
Associate in Information Technology (AIT). Mr. Beaudry is a member of
the Georgia Bar, a Certified Information Privacy Professional (CIPP/US),
and a Certified Anti-Money Laundering Specialist (CAMS).

About BitPay

Founded in 2011, BitPay is the pioneer and the most experienced company
in Bitcoin and blockchain payments. Its suite of products enables
businesses to send and receive cross border payments, also enabling
consumers to manage digital assets with the BitPay Wallet and turn
digital assets into dollars with the BitPay Prepaid Visa® Card. The
company has offices in North America, Europe, and South America and has
raised over $70 million from leading investors including Founders Fund,
Index Ventures and Aquiline Technology Growth. For more information

The BitPay Visa® Prepaid Card is issued by Metropolitan Commercial Bank,
member FDIC, pursuant to a license from Visa, U.S.A. Inc. “Metropolitan”
and “Metropolitan Commercial Bank” are registered trademarks of
Metropolitan Commercial Bank © 2014. Use of the Card is subject to the
terms and conditions of the applicable Cardholder Agreement and fee
schedule, if any.