Jack Dorsey's Block Inc. is making a renewed push to get more merchants using its payments network, which it casts as a less expensive alternative to credit-card behemoths Visa Inc. and Mastercard Inc.
Senate Dems' proposed crypto rules stir backlash across the industry, as regulators battle over prediction markets and Congress struggles to reach a deal.
Senator Cynthia Lummis has supported Jack Dorsey's call for a Bitcoin tax exemption on everyday transactions, stating she is working on the issue. The proposal would revive a failed legislative push. The post "Working on It": Senator Lummis Backs ...
Key PointsBlock's co-founder and CEO Jack Dorsey believes Bitcoin will be the native currency of the internet, and he's positioned his business to work on related projects.
Square, the point-of-sale system owned by Jack Dorsey's Block, is announcing a number of new upgrades today--including one that will make it easier for business owners to accept payments in Bitcoin. On Wednesday, the company made three announcements:
Square has launched 0% fee bitcoin payments for its merchants until 2027. The new tools also include a bitcoin wallet, raising the daily crypto conversion cap from 10% to 50% for businesses. The post Square Unleashes 0% Fee Bitcoin Payments, Sending ...