U.S. based payments company Square has announced that they will begin experimenting with Bitcoin integration for their mobile Cash app. Select users will now be allowed to buy and sell Bitcoin as Square tests to see if such a service is economically viable and inline with the company’s objective as an innovator in the payments space.
This news serves as a positive price indicator for both Square and Bitcoin as Square stock is up ~2.5% and Bitcoin shot up nearly 11% in today’s trading...
Full story: https://cryptoanswers.net/square-experiments-bitcoin