He then praised Bitcoin as a "technology that is not controlled or influenced by any single individual or entity."
"The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field," Dorsey said.
Just as the timeline for commenting on the newly proposed crypto wallet rules comes to an end by January 4 midnight, Jack Dorsey-owned crypto trading platform Square Inc. has issued a fresh statement on the matter....
Square, the mobile payments company announced the acquisition of 4,709 bitcoin on October 8. This is big news for bitcoin because the company is Co-founded by Twitter CEO Jack Dorsey. What looks like a tremendous endorsement of bitcoin is basically a strategic move by the company. The leadership at Square strongly believes that bitcoin has the potential to be a ubiquitous currency in...
In a major announcement on Thursday, October 8, Jack Dorsey-backed Square Inc. (NYSE: SQ) announced that they have invested a massive $50 million in Bitcoin. With the total purchase amount of 4,709 BTC, the purchase happened at...
Quick take: Ethereum's Vitalik Buterin has recommended that more people should support Ethereum for payments He cites that supporting ETH, opens the doors to a whole list of ERC20 tokens that can also be integrated into payment platforms such as MKR, UNI, WBTC and Stablecoins In terms of speed and fees, he explains there are already several layer-2 scaling solutions deployed on the...
Business Intelligence Firm MicroStrategy created a massive buzz by announcing BTC purchase worth $425 million. Earlier this week, MicroStrategy CEO Michael Saylor disclosed how the company decided to pour almost...
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