US: Square’s Cash App Expands Bitcoin Trading to All 50 States
Mobile payment company Square’s Cash App has rolled out Bitcoin trading for all U.S. users.
According to the company’s announcement, Cash App users are now able to conduct Bitcoin buy and sell transactions in all the U.S. states.
Square first launched Bitcoin trading on its app for a fraction of users back in November 2017.
On Jan. 31, 2018, Bitcoin trading on Square’s Cash App was launched for almost all of its users, excluding those in New York, Georgia, Hawaii, and Wyoming.
Co-founded nine years ago by Twitter CEO, Jack Dorsey, the financial services company has reportedly suffered some losses as a result of introducing Bitcoin trading, which the company, however, considers “insignificant.”
Earlier this year, Dorsey claimed that the Internet will “ultimately” adopt a “single currency,” which he believes will be Bitcoin.