14 Aug Square now lets all US CashApp users buy and sell Bitcoin
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Square is expanding its cryptocurrency services across the the US. Its subsidiary CashApp announced that American users can now use the application to buy and sell Bitcoin in all 50 states.
The company revealed the news in a post on Twitter (spotted by CCN). It is worth pointing out that CashApp first announced Bitcoin BTC support earlier in January – though only in select states. It appears the company is finally ready to open up the service to the rest of the country.
Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL
— Cash App (@CashApp) August 13, 2018
Due to regulatory holdups and localized restrictions, CashApp was forbidden from offering its Bitcoin trading options in New York, Georgia, Hawaii, and Wyoming. But following certain changes in the law (and obtaining a “Bitlicense”), that is no longer an issue.
As CoinDesk points out, Wyoming removed the double reserve…
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