Square

Exchanges

Square Brought in Over $166 Million Through Bitcoin Sales Last Year

Mobile payments firm Square has reported its revenue and profits from bitcoin sales in 2018.

Markets  ·  28 February 2019
Bitcoin

Payments Startup Square Is Open-Sourcing Its Bitcoin Storage Solution

Mobile payments startup Square has open-sourced the code and tools for its "Subzero" bitcoin cold storage system.

Tech  ·  23 October 2018
Exchanges

Square Expands Cash App Bitcoin Service to All 50 US States

Residents in all 50 U.S. states can now use Square's Cash App to buy and sell bitcoin, the company has announced.

Markets  ·  14 August 2018
Payments

Square Sees Profits From Bitcoin Sales Double in Q2

Mobile payments firm Square says it made $37 million in total from bitcoin purchases in Q2, with profits being twice that of the previous quarter. 

Tech  ·  2 August 2018
Bitcoin

Bitcoin’s Biggest Startups Are Backing a New Effort to Keep Fees Low

A project called Bitcoin Optech is launching to ensure companies like Coinbase and Square know the best technologies out there to reduce user fees.

Tech  ·  20 July 2018
Regulation

Payments Firm Square Receives BitLicense from New York

Digital payments startup Square has received a BitLicense through the NY Department of Financial Services.

Policy & regulation  ·  18 June 2018
Square

Jack Dorsey Hopes Bitcoin Will Become Web’s ‘Native Currency’

Is bitcoin destined to become the default currency of the Internet? Square's Jack Dorsey hopes so.

Markets  ·  16 May 2018
Bitcoin Payments

Square Books Small Profit for First Quarter of Bitcoin Sales

Square made $34.1 million in Q1 revenue through bitcoin sales, according to an SEC filing.

Policy & regulation  ·  3 May 2018
Banking

Why Banks Are Finally Talking Crypto In Filings

Before crowing, crypto fans should remember companies err on the side of caution when deciding what's material enough to include under "risk factors."

Business  ·  18 March 2018
Bitcoin

Square Seeks BitLicense to Bring Bitcoin Buying to NY

Square is in the process of applying for a BitLicense in a bid to expand its Cash App's bitcoin option to New York residents.

Policy & regulation  ·  13 March 2018
Regulation

Square: Murky Crypto Accounting Rules Pose Risk

In its most recent annual filing, Square explains how uncertainty surrounding accounting guidelines for cryptocurrency may affect its bottom line.

Policy & regulation  ·  28 February 2018
Bitcoin Payments

Square Adds Bitcoin Buying for More Cash App Users

Digital payments company Square has rolled bitcoin payments out to most of its Cash App users.

Business  ·  31 January 2018
Bitcoin

Starbucks Chairman Is Hot on Blockchain, Cold on Bitcoin

Starbucks chairman Howard Schultz said the ubiquitous coffee chain sees the blockchain and digital currencies in its future–but not bitcoin.

Business  ·  26 January 2018
Payments

‘Is It Real?’: Square CFO Speaks Out on Cash App Bitcoin Trial

The CFO of mobile payments firm Square has explained why the company launched a bitcoin pilot scheme.

Tech  ·  16 November 2017
Bitcoin

Square’s Cash App Pilots Bitcoin Buying and Selling

Some users of Square's Cash App have quietly been given the option to buy or sell bitcoin within their accounts, according to reports.

Business  ·  15 November 2017