Payment solutions provider Square intends to obtain Regulations for your app Cash App. In the event the application is approved, the residents of the state of new York will be able to carry out operations with bitcoins with this payment application. It is reported by CoinDesk.
In January, Square has made available the purchase/sale of bitcoin for almost all US citizens, with the exception of Wyoming, new York and two other States where the regulations are particularly strict.
The recent decision of the Senate of the Wyoming exemption utility-tokens from the securities laws allowed the company to launch cryptocurrency services and there.
We will remind, testing of transactions with bitcoin Cash App began in November of last year.
Previously, the startup Circle launched an app for investment in cryptocurrencies in 46 States of the USA.