Square Is Letting You Buy Bitcoin on Your Phone
- Payments firm lets some app users buy and sell digital tokens
- Square started letting merchants accept bitcoin in 2014
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Square Inc. may be next to share in bitcoin’s mindboggling gains.
The payments company is letting some users of its Square Cash app purchase bitcoin. Square Cash lets customers store money and send peer-to-peer payments without having to connect to a bank account. It recently rolled out a physical card to let consumers keep cash on its platform and spend directly from Square Cash.