2018-6-19 21:21 |
Digital payments firm Square has received a BitLicense from regulators in the state of New York.
The company announced Monday that the New York Department of Financial Services granted the license.
Square first indicated back in March that it had submitted paperwork to receive a BitLicense, a move later confirmed by a spokesperson.
New York had, until today, remained a major U.S. market in which Square had yet to receive permission to operate.
In May, Square reported that it had booked a small profit on $34 million in crypto-related revenue through is Cash app.
Similar to Notcoin - Blum - Airdrops In 2024