Cash App Opens Bitcoin Sales To All 50 States

 

Cash App has announced they have opened up Bitcoin buying and selling in all 50 states. Previous restrictions were placed on the states of Georgia, Hawaii, and Wyoming due to regulatory hold up.






Cash App is a fast way to send and receive payments. It has just surpassed Venmo in popularity as total downloads for Cash app as of the end of July was 33.5 million, while Venmo had 32.9.

Cash app’s growing success has been partly attributed to the demand for Bitcoin. A rep from the company was said during an interview with Bloomberg,

“Crypto is just one of many pieces of utility that people want. It’s not the be all and end all that I think we hear a lot on financial news. Rather it’s just like any other form of investing. People want to have access and that’s what Square’s purpose is.”




 

Related Posts

You may like these post too

Starbucks Will Soon Accept Crypto – Favors Altcoins

nos crypto neo

nOS Already Has 60+ dApps Deployed On Testnet

Happy Bitcoin Pizza Day!

andreas antonopoulos bitcoin etf

Andreas Antonopoulos on Why He’s Against Bitcoin ETFs

nyse bitcoin

New York Stock Exchange NYSE Files To List Bitcoin Futures

Tim Draper Claims Bitcoin Will Be Bigger Than Tesla, Skype, and Hotmail Combined