Leading Bitcoin Payments Processor Bitpay Joins Crypto Patent Alliance COPA

Leading Bitcoin Payments Processor Bitpay Joins Crypto Patent Alliance COPA

The world’s largest provider of cryptocurrency payment services, Bitpay has announced the company is joining the Square-founded crypto patent effort the Crypto Open Patent Alliance (COPA). Bitpay has been working with blockchain products since 2011 and the firm will share open-source projects and use a shared patent library with the crypto patent organization. Bitpay Joins Crypto Patent Effort COPA The Atlanta-based cryptocurrency payment and blockchain company Bitpay is joining forces with COPA. The Crypto Open Patent Alliance was originally invoked by Square, Inc., and the....


Related News

Meta joins patent alliance, pledges free crypto patents for all

By joining COPA, Meta will become one of 30 other businesses that have committed not to enforce their “core cryptocurrency patents.” The Crypto Open Patent Alliance (COPA) has welcomed Meta as a member, with the social media giants vowing to make its core crypto patents accessible to all.Meta, formerly Facebook, has joined the COPA, a group that advocates for public patents on crypto and blockchain-related technologies. On Monday, the organization published a statement announcing Meta and noting that Shayne O'Reilly would be its representative.By joining COPA, Meta will become one of 30....

Turkish crypto exchange joins COPA to fight against 'patent trolls'

Özgür Güneri, the CEO of BtcTurk, said that the firm joined COPA to protect technologies within crypto, especially Bitcoin. Major Turkish crypto exchange BtcTurk has joined the crypto patent alliance (COPA) to team up with prominent firms in their mission to provide open access to patents and empower the adoption of crypto technologies. COPA aims to abolish patents as it's perceived as an obstacle to innovations within the sector. The nonprofit favors a more communal approach when it comes to intellectual property. Its members include prominent crypto firms like prominent firms like....

Civil Lawsuit Against Craig Wright Wants High Court to Rule Against His Bitco...

The Crypto Open Patent Alliance (COPA), a bitcoin industry working group focused on patent laws, has filed a civil lawsuit in the UK against Craig Wright. For many years now Wright has insisted he is Satoshi Nakamoto, but has yet to prove so to the greater crypto community. COPA is looking to get the UK High Court to rule that Wright is not the rightful owner of the Bitcoin white paper. COPA Files a Case Against Craig Wright Just recently, Bitcoin.com News reported on Craig Wright’s attempt to get websites to remove the Bitcoin white paper over copyright infringement. The attempt....

Why Meta Joined The Board Of This Crypto Protection Initiative

In an official post, the Crypto Open Patent Alliance (COPA) has welcomed Meta, previously known as Facebook, to its board. The organization called it the “biggest cryptocurrency patent commitment to data” as the big tech company joins Coinbase and the Jack Dorsey-led Block. Related Reading | Facebook (Meta) Removes It’s Ban Of Crypto Ads As […]

Coinbase becomes a founding member of Square’s crypto patent group

Coinbase will help COPA on its journey of defending against patent overreach. The Cryptocurrency Open Patent Alliance, or COPA, headed up by finance company Square, recently picked up Coinbase as a cornerstone participant. Square unveiled the group in September as a method of warding off patent overreach — an issue that has been known to limit technological advancement.Coinbase senior counsel and COPA board member Brittany Cuthbert said in a public statement from the alliance on Friday:“As the crypto economy continues to grow, we believe it is important to help empower all projects....