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# Square News

PayPal’s ambivalent stance over the digital currency might be changing as CFO John Rainey has stated that the payment processor has created teams to study both blockchain and cryptocurrency, as reported by Forbes on May 10, 2019. PayPal previously allowed merchants to receive payments in Bitcoin but removed functionality after...
Despite a 43 percent year-on-year growth in net revenues, Square has declared a loss per share of 9 cents in a letter to shareholders. Wall Street was expecting the loss making company to finally declare an earnings call in the green, evidently, the market punished Square for hitting below expectations....
November 2, 2018 by at Bitcoin, Finance, News, Platform, wallet
Square, a financial services and mobile payment company, has open sourced the documentation, code, and tools for Subzero, an enterprise offline Bitcoin Wallet. According to Square’s blog published on October 23, 2018, Square recognized the importance of not only developing a safe and secure storage option for Bitcoin but the...
While many have criticized the New York authorities over the draconian nature of their BitLicense regulation, it appears the NYDFS has seen reasons to soften its requirements a bit to make it easier for more companies to receive the permit. Now, creators of the Square bitcoin app have been granted...
May 19, 2018 by at Bitcoin, Business, Finance, News
Square, the FinTech application developed by Twitter CEO Jack Dorsey, has surpassed the growth rate of its competitors like PayPal’s Venmo that have dominated the financial technology sector over past few years. Square’s Market Cap Rises $8 Billion On May 4, BTCManager reported that investors were initially not satisfied with...
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