Square Cash App Releases Bitcoin Buy/Sell Option To Almost All Users

The Square Cash App, an app for sending and receiving fiat currency from the mobile payments company Square, has now made Bitcoin (BTC) trading available for almost all of its users, excluding those in New York, Georgia, Hawaii, and Wyoming.

Jack Dorsey, CEO of Square and Twitter, announced the news in a tweet Jan. 31, which also included a short cartoon entitled “My First Bitcoin”, explaining Bitcoin to industry newcomers.

Since Square operates on a Point of Sale (PoS) network, the addition of BTC to its mobile services means that in the future any merchant that uses Square’s payment system will potentially be able to accept Bitcoin as a form of payment.

Source: CoinTelegraph