Residents of all 50 us States had the opportunity to buy and sell bitcoins using the Cash app App from the payment solutions provider Square.
Red, white, and bitcoin. Now you can use App Cash to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL
— Cash App (@CashApp) 13 August 2018 R.
In January, Square has made buying and selling bitcoins available for almost all US citizens, with the exception of Wyoming, new York and two other States where the regulations are particularly strict. However, in June the company Square got Regulations with a special license to conduct business in the state of new York.
Despite the deep fall in the market capitalization of cryptocurrency, the audience of Square has grown rapidly. So, in may-June the number of users Cash App increased by 4 million people. With a customer base growing company revenues, including from cryptocurrency transactions.
Startup Square is headed by the CEO of Twitter Jack Dorsey. He has previously stated that the Internet needs its own native cryptocurrency that can be bitcoin.
Also recently revealed that Square prefers to cooperate with the exchanges and OTC platforms and private brokers. This approach, confident in the company, protects the user from excessively sharp fluctuations of the bitcoin, and also allows you to avoid various security issues.
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