Jack Dorsey Announces Bitcoin-Focused Business Division at Square

Jul 15, 2021 | Decrypt News | 0 comments

jack-dorsey-announces-bitcoin-focused-business-division-at-square

Twitter and Square CEO Jack Dorsey has announced plans for a new crypto development platform.

In a tweet, Dorsey wrote that the new service will be a subset of Square, and will facilitate “non-custodial, permissionless, and decentralized financial services” with a focus on Bitcoin.

Dorsey is a longtime proponent of blockchain tech—at the Miami Bitcoin conference in early June, Dorsey said that if he weren’t working on Square and Twitter, he’d be working full-time on Bitcoin.

He recently confirmed plans for Square to develop a Bitcoin hardware wallet.

This is a developing story and will be updated.

News Source from Decrypt.co

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