First-Time Bitcoin Buyers ‘Doubled’ in Square’s Q3 Report
Square processed $148 million in bitcoin sales in the third quarter of 2019.
Square reported bitcoin revenues of $178 million between Nov. 1 and Dec. 31, 2019, with profits of $3 million, up 50 percent over the prior two quarters.
Cryptocurrency lets modern-day witches transact beyond the grasp of restrictive e-commerce platforms.
Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday.
The Seattle-based Transparent sets out to bring real-time settlement to financial infrastructure through a cryptographically secured, distributed payment network.
Square's newly awarded patent enables seamless transactions between a number of potential asset types including crypto.